1830 North Broadway

Los Angeles, CA 90031

$1,350,000
Price
6
Beds
6
Baths
4,360 Sq. Ft.
$310 / Sq. Ft.
4,360
Sq. Ft.
$310
per Sq. Ft.

Description

Don't let slip an opportunity that may not come again. Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle....Don't let slip an opportunity that may not come again. Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle. Surrounded by Lincoln Heights's energy and easy access to the freeway, the property is ideally situated for both commercial and residential endeavors. With Low Month to Month Lease APT Units can be a promising investment opportunity with significant potential upside for future development and growth. Investors keen on tapping into the dynamic real estate landscape of Los Angeles will find this type of PROPERTY compelling, offering short and long-term value appreciation.
  1. Listed by Charles Lee • DRE #01361071 • Brokerage DRE #01861239 • One Group Realty • 714-614-2426

Property Details for 1830 North Broadway

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4360
Assessor Parcel Number
5447-025-001
LISTING UPDATED: 10/18/2024 02:26 AM

Property Details for 1830 North Broadway

StatusActive
MLS #PW24216303
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1895
CountyLos Angeles County

Building Information for 1830 North Broadway

Building/Complex1830 N BroadwayFloor-Stories2Residences-Pet Policy-Year Built1895Building Size-

Property Information for 1830 North Broadway

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $92,712
  • Gross Scheduled Income: $92,712
  • Net Operating Income: $75,776
Expense Details
  • Operating Expense: $16,936
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $4,320
  • Professional Management Expense: $0
  • Trash Expense: $1,620
  • Water Sewer Expense: $3,120
  • Total Expenses: $10,260
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 1997
  • Tax Census Tract: 1997.00
  • CFD/Mello-Roos Fee: $2,059
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Interior Features: Open Floorplan
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Lighting
  • Roof: Flat
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Level, Walkstreet
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $976
  • Unit Type Total Rent: $976
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,025
  • Unit Type Total Rent: $1,025
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $725
  • Unit Type Total Rent: $725
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 1830 North Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1830 North Broadway

Taxable ValueLand$96,012Additions$251,130Total$347,142
Tax Record2024$6,301 ($525 / month)
Home Facts
Total Finished SqFt4,360 SqFtAbove Grade Finished SqFt4,360 SqFtStories1Lot Size3,192 SqFtStyleOffice BuildingYear Built1895ZoningLAUV(CA)CountyLOS ANGELESAPN5447-025-001

Schools near 1830 North Broadway

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Albion Street Elementary School
PublicK to 6

Florence Nightingale Middle School
Public6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1830 North Broadway is a multi-family home for sale in Los Angeles, CA 90031. This property was listed for sale on October 18, 2024 by One Group Realty, it's currently listed at $1,350,000. It has been on the market for a total of 13 days and was last sold on August 1, 2000. This listing's school district is Los Angeles Unified School District. Nearby schools include Albion Street Elementary School, Florence Nightingale Middle School and Woodrow Wilson Senior High School. 1830 North Broadway is a 6-bed, 6-bath, 4,360 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One Group Realty, Charles Lee, DRE #01361071

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.