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8209 S Broadway

Los Angeles, CA 90003
  • $2,925,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 22-142255
UPDATED: 57 min ago
$2,925,000
  • 30
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,264
    SQFT
  • $354
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

Description

We are pleased to offer for sale these six and four unit apartment buildings on two adjacent parcels at 8209 & 8211 S. Broadway (6031-033-019 & 6031-033-020) consisting of all 3+1 units. Both buildings were built in 1990 and are therefore not subject to the city of LA Rent Control Ordinance (RSO). The 8209 building is three stories with ground level tuck-under parking that is not subject to the LADBS soft-story retrofit program. The 8211 building is two stories with additional parking spaces provided just behind the structure. Recent capital improvements include the installation of a fire sprinkler system, an automatic rolling entrance gate and camera surveillance system. In addition, seven of the units have been remodeled during the seller's ownership period. Expenses are minimal as the buildings are separately metered for both gas and electricity, each unit has its own water heater and there is minimal landscaping to maintain. Property is available if active on MLS. Check private remarks for additional information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T19:42:59.373. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/127276737
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8209 S Broadway Los Angeles, CA 90003

  • Price: $2,925,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 57 min ago
  • MLS #: 22-142255
30
Beds
0
Baths
0
½ Baths
0.11
Acres
8,264
SQFT
$354
$/SQFT
1990
Built
Neighborhood:
Metropolitan South
County:
Los Angeles
Area:
Metropolitan South
Property Description
We are pleased to offer for sale these six and four unit apartment buildings on two adjacent parcels at 8209 & 8211 S. Broadway (6031-033-019 & 6031-033-020) consisting of all 3+1 units. Both buildings were built in 1990 and are therefore not subject to the city of LA Rent Control Ordinance (RSO). The 8209 building is three stories with ground level tuck-under parking that is not subject to the LADBS soft-story retrofit program. The 8211 building is two stories with additional parking spaces provided just behind the structure. Recent capital improvements include the installation of a fire sprinkler system, an automatic rolling entrance gate and camera surveillance system. In addition, seven of the units have been remodeled during the seller's ownership period. Expenses are minimal as the buildings are separately metered for both gas and electricity, each unit has its own water heater and there is minimal landscaping to maintain. Property is available if active on MLS. Check private remarks for additional information.
Exterior Features

Direction Faces East Lot Size Area 9680 Other Structures None Parking Garage GatedCovered Parking Paved YN Yes Total Parking 18 View Description None View YN No

Interior Features

Baths Total 10.00 Cooling None Equipment None Heating None Laundry None Water Heater Features Water Heater UnitGas

Property Features

Assessed Total Value 682583 Gross Income 235273 Gross Operating Income 225880 Like Units1 10 Net Operating Income 148259.00 Number Of Buildings 2 Number Of Units 10 Owner Pays GardenerWaterOther Sale Type Standard Security Features Automatic GateFire SprinklersGated Source Living Area Other Source Lot Size Area Other Source Lot Size Dimensions Other Tenant Pays GasElectricityHot Water Total Annual Expense 77620 Type Of Units Income Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Joshua Johnson DRE#01824930 of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T19:42:59.373. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270