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1909 N Broadway, Los Angeles, CA, 90031

8beds
14baths
7,607sqft
$2,300,000
$302price/sqft
$14,941/moest. monthly cost
$597,640/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
54
TransitGood Transit
66
BikeBikeable

Schools

Construction

Condition

  • Year built: 1915

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 14

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 7,607
  • Total interior livable area: 7,607 sqft

Property

Details

  • Zoning: LAUV(CA)
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 8,211 sqft

Parking

  • Parking features: None