1909 N Broadway, Los Angeles, CA 90031
List Price: $2.1M
Listing Status: Active
Original List Price: $2.3M
0Days on Market: 69
8 Bedrooms · 14 Bathrooms · 7,607 sq ft
Property Type: ResidentialIncome
Year Built: 1915
Lot Size: 8,210 sq ft
MLS Number: 26666077
About This Property
We are pleased to present 1909 N Broadway, a two-story, 16-unit apartment community located in the heart of Lincoln Heights. Offered for sale for the first time in 47 years, the property presents an opportunity for investors to capture rental upside as units turn over. Built in 1915, the unit mix consists of (2) bachelors, (6) studios, (4) one-bedroom/one-bath units, and (4) one-bedroom/two-bath units. The building spans approximately 7,607 square feet of living space on an 8,208 square foot lot. The property is master-metered for water, gas, and electricity and includes three recently replaced 40-gallon water heaters. Additional features include gated entry, a shared restroom on each floor currently utilized for storage, and no on-site parking. Situated along N. Broadway just west of the 5 Freeway, the property benefits from a strong walk score of 89 and close proximity to local markets, neighborhood dining, and Chavez Ravine, home of Dodger Stadium. Downtown Los Angeles, Chinatown, the Arts District, Boyle Heights, and surrounding neighborhoods are only minutes away, with convenient access to both the 110 and 5 Freeways providing connectivity throughout Greater Los Angeles.
Listing provided by: Shara Parseghian DRE #01991749 818-212-2700 Shara.Parseghian@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26666077
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.