Los Angeles, CA 90031,1818 N Broadway
Los Angeles, CA 90031,1818 N Broadway
Los Angeles, CA 90031,1818 N Broadway
Los Angeles, CA 90031,1818 N Broadway
Los Angeles, CA 90031,1818 N Broadway
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$1,350,000

$1,950,000

30.8%
Est.Price: ?

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Est. payment /mo

15 Beds

15 Baths

4,142 SqFt


SOLD DATE : 07/01/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,142 sqft

Price per Sqft $325

MLS Listing ID 24364065

Sold Date 07/01/24

Bedrooms 15

HOA Y/N No

Year Built 1897

Lot Size 7,413 Sqft

Property Description

1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises residential units alongside a retail space, all set on a generous 7,412-square-foot lot. 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. 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.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LAUV(CA)

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Assigned, Uncovered

Total Parking Spaces 14

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5447025006

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Weinberger • Keller Williams Studio City
Bought with Hugh Gehrke • Keller Williams Beverly Hills
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4040 Barranca Pkwy, Irvine, CA, 92604

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