Title Page Background

1818 N Broadway
Los Angeles, CA 90031

« Prev
Next »
Currently Displayed Property Photo


Property Details


List Price: $1,950,000
Beds: 15
Baths: --
Status: Active
SqFt: 4142
Agency: Keller Williams Realty Studio City

Map Details Show Map | Show StreetView




Description/Comments


Lot Size: --
Property Type: Residential
Year Built: 1897
Notes: 6 Units and commercial retail unit Delivered Vacant! 1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This well-maintained two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises 18 residential units alongside a retail space, all set on a generous 7,412-square-foot lot, complete with 14 parking spaces. Designed to cater to a diverse range of tenants, the unit mix includes (15) Bachelors ( 2) 1-bedroom + 1-bathroom units, (1) Studio, and a commercial unit, ensuring broad appeal to prospective tenants. With 6 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in vibrant Lincoln Heights, a historic neighborhood known for its diverse community, rich cultural heritage, and architectural landmarks. Situated northeast of Downtown LA, Lincoln Heights offers a blend of residential charm, bustling commercial areas, and easy access to transportation hubs. Residents have convenient access to several nearby employment centers in Los Angeles. These include Downtown LA, which is just a short distance away and offers diverse employment opportunities in finance, technology, hospitality, and more. The nearby Arts District is known for its creative industries, including art galleries, studios, and tech startups. * 323 N. Soto St. can be purchased with 2221 Michigan Ave. & 1818 N. Broadway as a portfolio.
MlsNumber: 24-364065


Listing Provided By: Keller Williams Realty Studio City, original listing
Name: Keller Williams Realty Studio City
Phone: (818) 432-1507
Office Name: Keller Williams Studio City
Office Phone: (818) 432-1500
Agent Name: David Weinberger
Disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App