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4920 S Broadway Rd
Los Angeles, CA 90037 Vernon-Main

$6,200,000 USD

Apartments For Sale  •  18,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,313 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 2007
  • Zoning LAC2
58 Transit Score
80 Walk Score

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

Public Transportation

Commuter RailDriveWalkDistance
10 min - 6.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.5 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 10.4 mi
Long Beach (Daugherty Field) 26 min - 18.6 mi
Bob Hope 30 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: AttachedGarage
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap