11226 S Broadway Los Angeles, CA ^$ 1,450,000

11226 S Broadway

^$ 1,450,000

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11226 S Broadway

Los Angeles, CA, 90061

^$ 1,450,000

Studio Baths0.0 Sq 4,041

Monthly Estimate*

^$ 10,129

Listed by Omor Obarogie

11226 S Broadway, Los Angeles, CA 90061 - Image 1

11226 S Broadway, Los Angeles, CA 90061 - Image 2

11226 S Broadway, Los Angeles, CA 90061 - Image 3

11226 S Broadway, Los Angeles, CA 90061 - Image 4

11226 S Broadway, Los Angeles, CA 90061 - Image 5

Studio

Commercial Property for sale in Los Angeles, CA

for $1,450,000. This 4,041 square foot building was built in 1951 on a lot size of 0.1765.

11226 S Broadway is an exceptional value-added potentials for the right investor. This property which sits in the rapidly gentrifying Vermont Vista area of South Los Angeles has an additional dwelling unit with the potential to increasing cash flow after renovations. The building is well maintained and also has potential to increase rents. The subjects property is down the street from the 700-unit Jordan Downs Development and a stone’s throw from the Sofi Stadium provide long term appreciate and tenant convenience. There is ample on-site parking with transportation made easy from accessibility to the 110/105 Freeways.

Commercial Active

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MultiFamily

Lot Size

0.1765

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24025446

Days on Market

102

Features

Exterior

Lot Features LotOver40000Sqft

Water Source Public

Total Parking 4.0

Lot Size Area 7687.0

Spa N

Building Area Total 4041.0

Lot Size Acres 0.1765

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1951

Property SubType MultiFamily

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Off the 110 Freeway

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 4.0

Total Units 5

MLS Area C37 - Metropolitan South

Lot Size Square Feet 7687.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Broadway

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 12

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional MultiFamily

Expected Active Date 2024-02-09

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 11226

* Excluded Features

List By

Omor Obarogie

Broker

(747) 755-1924

Phone

Affordability Calculator

$10,129

Per Month

Monthly Principal & Interest: $10,129
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,259,263

Percent of Sale Price 56%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/9/2024	$1,450,000		Listed Price

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11226 S Broadway, Los Angeles, CA, 90061 is a Commercial Property for sale at $1,450,000 with 4,041 sqft and a lot size of 0.1765. 11226 S Broadway is a studio with 0.0 baths and was built in 1951. The property's zip code is 90061 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11226 S Broadway

Commercial Property for sale in Los Angeles, CA

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