Los Angeles, CA 90003 8925 S Broadway
$1,332,450
6 more
Presented By: Douglas Steinriede with Dover Management Corp.;
- MLS# 25508357
- 03/07/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 4
SQFT • 3,204
Home Details
Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM, new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM.
Presented By: Douglas Steinriede with Dover Management Corp.;
Interior Features for 8925 S Broadway
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories
General for 8925 S Broadway
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsOff of Broadway and 89th.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income117070.0
HOANo
HeatingNaturalGas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6045.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income69324.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1990
ZoningLAC2
Exterior for 8925 S Broadway
Building Area Total3204.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1388
Lot Size Area6045.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking8.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate