11204 S Broadway, Los Angeles, CA 90061

0 beds 0 baths 15,702 sq.ft.

Offerered at: $3,249,000.00

County: Los Angeles
Year Built: 1965
Association Fees: $0.00/mo.

Property Description

Investor Opportunity-Value-Add 23-Unit Multifamily Investment in South LA. Unlock Major Upside in a Rapidly Improving SubmarketNow available: located in the heart of South Los Angeles just minutes from the 110 Freeway and key redevelopment zones. This 17,516 SF building offers an attractive unit mix and sits on a generous lot with gated access and on-site parking. The current rents are significantly below market, presenting investors with approximately 30% upside potential through strategic renovations and leasing. Seller is leaving 3 Units vacant so that the new ownership can touch them up and rent for a higher NOI/GOI.

ESSENTIAL INFO

  • Status: Active Under Contract