1301 North Broadway

Los Angeles, CA 90012

$3,075,000
Last Sold Price
6
Beds
8
Baths
7,753 Sq. Ft.
$397 / Sq. Ft.
7,753
Sq. Ft.
$397
per Sq. Ft.

Description

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...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.
  1. Listed by David Stahl • DRE #00891905 • Brokerage DRE #00894838 • Metro Resources, Inc.

Property Details for 1301 North Broadway

Zoning
LAC2
Cross Streets
North Broadway & Savoy Street
Parcel Number
5414022004
Total Units
7.0
Living Area
7753
Source Living Area
Survey
Area
Silver Lake (671)
Vacancy Rate
64%

Location

Listing Courtesy of Metro Resources, Inc., David Stahl, DRE #00891905

Sold By Metro Resources, Inc., David Stahl, DRE #00891905

Add your commute
LISTING UPDATED: 08/17/2022 05:47 PM

Property Details for 1301 North Broadway

StatusSold
MLS #22-139201
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.18 AC / 7,639 SF
CountyLos Angeles County

Location

Listing Courtesy of Metro Resources, Inc., David Stahl, DRE #00891905

Sold By Metro Resources, Inc., David Stahl, DRE #00891905

Add your commute

Building Information for 1301 North Broadway

Stories2Residences-Year Built1960Building Size-Lot Size0.18 AC / 7,639 SF

Payment Calculator

$19,972 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,782

Property Taxes

$3,190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1301 North Broadway

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1-com/6-res
  • View: Yes
  • View Description: City, Skyline, Panoramic
  • View: City Lights, Panoramic
  • Property Condition: Updated/Remodeled
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Owner Survey, Owner Has R.E. License, Owner Is Listing Agent
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $46,584
  • Net Operating Income: $.00
  • Gross Income: $3,882
  • Gross Rent Multiplier: $.00
  • Actual Gross Annual Income: $46,584
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 46423
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1753
  • Lot Size Square Feet: 7639
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 6
  • Parking Features: Gated
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Window Unit(s), Air Conditioning, Wall Unit(s), Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-23-2022
  • Tenant Pays: Cable TV, Electricity, Gas, Interior Maint
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $930.00
  • Unit Actual Rent: $3,882.00
  • Unit Projected Rent: $19,200.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $9,823.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 0.0

Property History for 1301 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 1301 North Broadway

Taxable ValueLand$2,296,655Additions$54,681Total$2,351,336
Tax Record2023$38,283 ($3,190 / month)
Home Facts
Total Finished SqFt7,939 SqFtAbove Grade Finished SqFt7,939 SqFtStories2Lot Size7,637 SqFtStyleOffice BuildingYear Built1960ZoningLAC2CountyLOS ANGELESAPN5414-022-004

Schools near 1301 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
Solano Avenue 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

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Metro Resources, Inc., David Stahl, DRE #00891905

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.