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7509-7521 S Broadway
Los Angeles, CA 90003 Canndu/Avalon Gardens

$2,926,000 USD

Apartments For Sale  •  17,160 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,160 SF
  • Lot Size 0.44 AC
  • Building Class C
  • Year Built 1960
  • Zoning C2, Los Angeles
61 Transit Score
77 Walk Score

Highlights

The property sits on a spacious lot measuring at over 19,000 SF and comprises of (1) 0 Bed/1 Bath, (4) 1 Bed/1 Bath, (4) 2 Bed/1 Bath, and (7) 3 Bed/1
It offers a going-in cap rate of 6.09% and a GRM of 8.99, with 56% in rental upside
Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
12 min - 7.9 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)) 15 min - 8.1 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 11.7 mi
Long Beach (Daugherty Field) 24 min - 16.8 mi
Bob Hope 33 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Aaron Jacobson 310-729-1559 Lyon Stahl Investment Real Estate
Aaron Jacobson 310-729-1559 Lyon Stahl Investment Real Estate