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Los Angeles, CA 90031 3862 N Broadway

$697,000

3862 N Broadway Los Angeles, Ca - Image 1
Presented By: Aldo Baltodano with Greenpoint Real Estate Services; 951-833-1030
  • MLS# DW24084033
  • 04/27/2024
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  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 1,764
  • GarageGarage • 2

Home Details

SOLD AS-IS. NO VACANCIES. This 3-unit multi-family property is a value-add opportunity in the heart of Los Angeles. Featuring one 2-bedroom, 1-bath detached unit and two 1-bedroom, 1-bath attached units. Units are all rented/occupied by long-term tenants (10+ years) on month-to-month terms. There may be opportunities for expansion through the addition of ADUs or adding square footage to existing units. Buyer to further investigate with the City of LA. There is a 2-car garage and common area that may allow space for this. Great opportunity to purchase an income-producing fixer that is centrally located with short distances to Downtown Los Angeles, Dodger Stadium, Pasadena, and Glendale to name a few. Property will be sold with tenants. Offering memorandum available upon request. DO NOT DISTURB OCCUPANTS. CALL FOR FURTHER INSTRUCTIONS or DETAILS.
Presented By: Aldo Baltodano with Greenpoint Real Estate Services; 951-833-1030

Interior Features for 3862 N Broadway

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 3862 N Broadway

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Urban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market9
DirectionsOn N Broadway just west of N Mission Rd
DisclosuresEasements, RentControl
Electric Expense0.0
Entry LocationStreet
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income35124.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet5994.0
MLS Area677 - Lincoln Hts
MobileHomeRemainsYNNo
Net Operating Income32284.0
New ConstructionNo
Number of Units Leased3
Operating Expense2840.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Attached Y/NYes
Property ConditionFixer, RepairsCosmetic
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameBroadway
Tax Lot96
Total Actual Rent2850.0
Total Units3
Trash Expense240.0
ViewHills
View Y/NYes
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1922
Year Built SourceAssessor
ZoningLARD3

Exterior for 3862 N Broadway

Building Area Total1764.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1376
Lot Size Area5994.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, OnStreet
Road Surface TypePaved
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $697,000
MLS#DW24084033
List Date 04/27/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors