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SOLD 8/12/2022

1301 N Broadway, Los Angeles, CA 90012$3,075,000

1
bed
3
baths
7753
ft2
· 7639
ft2 lot
$419 / ft2

Listing provided courtesy of Listing Broker: David Stahl, Metro Resources, Inc.
Source CRMLS;
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Two story, mixed use building totaling 7,763 square feet with 4,415 square feet of vacant, renovated flex space on the ground floor and six, 1 bedroom, 1 bath residential units on the second floor. All units are separately metered for power. One of the upstairs units is vacant and has also been completely renovated. The property includes a gated parking lot. Wonderful opportunity for an owner/user to occupy the ground floor and collect rent from the upstairs tenants or for an investor to capitalize on a rapidly growing and changing part of Downtown Los Angeles. See Docs for rent roll. The building overlooks the Los Angeles State Historic Park, is three blocks from Chinatown, walking distance to Dodger Stadium, the Chinatown light rail station as well as many restaurants, developments and other amenities.

HOA

No HOA

On market

4 months

Year built

1960

Property type

Multi-Family

Parking

6

MLS

22139201

Price / Sq.Ft.

$419 / ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 1301 N Broadway

Interior Features & Layout
Appliances
•   
Appliances: Refrigerator
•   
Has Appliances
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 7753.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Gated
Property Features
•   
View: City Lights, Panoramic
•   
Property Condition: Updated/Remodeled
Building Info
•   
Zoning: LAC2
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Survey
•   
Lot Size Acres: 0.1754
•   
Lot Size Area: 7639.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 7
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 46584.00
•   
Total Expenses: 46423.00
•   
Gross Multiplier: 0.00
Tax/Assessment Info
•   
Gross Income: 3882.00
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 6
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 930.00
•   
Unit 1 Total Rent: 3882.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: North Broadway to Savoy Street. Corner of North Broadway and Savoy Street
Other
Calculation
•   
Dom: 126

Property History for 1301 N Broadway

08/12/2022
08/12/2022
CRMLS #22139201
sold
CRMLS #22139201
$3,075,000
--5.38%
07/25/2022
07/25/2022
CRMLS #22139201
pending
CRMLS #22139201
$3,250,000
03/23/2022
03/23/2022
CRMLS #22139201
active
CRMLS #22139201
$3,250,000

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