Los Angeles, CA 90031,1818 N Broadway
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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

$1,950,000

Est. payment /mo
Est.Price: ?

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1818 N Broadway Los Angeles, CA 90031

15 Beds

15 Baths

4,142 SqFt

SOLD DATE : 07/01/2024

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,142 sqft

Price per Sqft $325

MLS Listing ID 24-364065

Style Unknown

Bedrooms 15

Year Built 1897

Lot Size 7,414 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 Lincoln Heights

Zoning LAUV(CA)

Rooms

Other Rooms Other

Dining Room 0

Interior

Heating Other

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Assigned, Uncovered

Garage Spaces 14.0

Building

Lot Description Street Paved, Sidewalks

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Keller Williams Studio City
Bought with Keller Williams Beverly Hills

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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