Multifamily
4920 South Broadway
4920 S Broadway, Los Angeles, CA 90037
Listing Price: $6,200,000
Investment Overview
The SR Group of Marcus & Millichap, as exclusive listing agent, is pleased to offer for sale a 23-unit apartment community located at 4920 South Broadway. The subject property is situated just east of the 110 freeway and north of Slauson Avenue.
The property is located within a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment.
Positioned on a 17,756-square-foot parcel, the property consists of four two-bedroom units, eleven three-bedroom units, and eight four-bedroom units. The asset is offered at a 7.00% cap rate and an 8.68 GRM. Constructed in 2008, the property represents a newer apartment asset relative to the surrounding housing stock and features ample garage parking with 46 spaces.
4920 South Broadway presents an opportunity to acquire a modern apartment asset with a strong in-place yield in the infill South Los Angeles market.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
This property is marketed alongside 6332 Brynhurst Avenue and may be purchased together or separately.
4920 South Broadway
Investment Highlights
- Built in 2008, the property represents newer construction relative to the surrounding housing stock
- The asset is offered at an attractive 7.00% cap rate and an 8.68 GRM
- The property features a predominantly large-unit configuration, including three and four-bedroom units
- The property includes 46 garage parking spaces, providing a favorable parking ratio for tenants
- Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
Exclusively Listed By
Financing By
Listing Price: $6,200,000
Investment Highlights
- Built in 2008, the property represents newer construction relative to the surrounding housing stock
- The asset is offered at an attractive 7.00% cap rate and an 8.68 GRM
- The property features a predominantly large-unit configuration, including three and four-bedroom units
- The property includes 46 garage parking spaces, providing a favorable parking ratio for tenants
- Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
Investment Overview
The SR Group of Marcus & Millichap, as exclusive listing agent, is pleased to offer for sale a 23-unit apartment community located at 4920 South Broadway. The subject property is situated just east of the 110 freeway and north of Slauson Avenue. The property is located within a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment. Positioned on a 17,756-square-foot parcel, the property consists of four two-bedroom units, eleven three-bedroom units, and eight four-bedroom units. The asset is offered at a 7.00% cap rate and an 8.68 GRM. Constructed in 2008, the property represents a newer apartment asset relative to the surrounding housing stock and features ample garage parking with 46 spaces. 4920 South Broadway presents an opportunity to acquire a modern apartment asset with a strong in-place yield in the infill South Los Angeles market. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. This property is marketed alongside 6332 Brynhurst Avenue and may be purchased together or separately.
Exclusively Listed By
Financing By
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