Multifamily Housing
3127 N Broadway Los Angeles, CA 90031
Details & Description
Price: $1,250,000
    The sale of the 5 Unit apartment building in Lincoln Heights consists of a 4600 square foot building situated on a 7040 SF lot. The property consists of a very attractive unit mix with low rents which gives the new buyer lots of potential rental upside. There are 3 tandem parking spots which totals 6 spots and a driveway for parking access.
    Property ID:    272041
    Property URL: melqr.com/272041
    Generated:    04-19-24
    Property Highlights
    Listing Agents
    Jordan Petito
    KW Commercial
    O: 310-734-2245
    M: 310-497-4362
    team@americapartner.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    California / Los Angeles / 90031 / 3127 N Broadway

    3127 N Broadway

    Los Angeles, CA 90031

    Listing ID: 272041
    Print Single-Page Version
    3127 N Broadway Los Angeles, CA 90031 | for Sale | Photo 1
    Building Size: 4,600 SF
    Lot Size: 0.162 AC
    Land Size: 7,040 SF
    Building $/SF: $271.74
    Land $/SF: $177.56
    Price
    $1,250,000
    Property Highlights
    95 Rental Upside
    Attractive unit mix consisting of 4 x 2 bedrooms and 1 x 3 bedroom
    Driveway and tandem parking spot in the rear
    Current rents are significantly below market
    Description

    The sale of the 5 Unit apartment building in Lincoln Heights consists of a 4600 square foot building situated on a 7040 SF lot. The property consists of a very attractive unit mix with low rents which gives the new buyer lots of potential rental upside. There are 3 tandem parking spots which totals 6 spots and a driveway for parking access.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 3127 N Broadway Los Angeles, CA 90031

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population34,922326,368969,142
    Population Median Age373737
    Population by Age0-9 Yrs4007 (11%)36878 (11%)110203 (11%)
    10-19 Yrs5330 (15%)38981 (11%)110745 (11%)
    20-29 Yrs5955 (17%)59202 (18%)166786 (17%)
    30-39 Yrs4670 (13%)54468 (16%)165838 (17%)
    40-49 Yrs5067 (14%)44550 (13%)133993 (13%)
    50-59 Yrs3650 (10%)36481 (11%)112505 (11%)
    60-69 Yrs2876 (8%)27705 (8%)85810 (8%)
    70+ Yrs3367 (9%)28104 (8%)83262 (8%)
    Median HH Income$44,285$53,184$53,282
    Total Household Income< 24K2667 (26%)26044 (25%)83283 (25%)
    25-49K2747 (27%)22666 (22%)72962 (22%)
    50-74K1669 (16%)16170 (15%)51444 (15%)
    75-99K952 (9%)11452 (11%)35860 (10%)
    100-199K1651 (16%)19587 (19%)61342 (18%)
    200K+298 (2%)5952 (5%)22682 (6%)
    Highest Education LevelNo Diploma950775153199530
    Diploma or GED468645463131217
    Some College323435198105004
    Assoc. Degree11351153139594
    Bachelors Degree304439325136643
    Higher Degree12661732664902
    Total Housing Units10,576108,534352,538
    --Owner-Occupied3,00633,63791,307
    --Renter-Occupied6,97968,233236,267
    Owner-Occupied Values< 100K745961512
    100-199K665571249
    200-299K23620513718
    300-399K409474110201
    400-499K616652713468
    500K+16061916461158
    Total Working Age Population27,798266,488792,853
    In Work Force17,551165,680516,864
    Not In Work Force10,247100,807275,989
    Workforce Employed15,829153,087480,896
    Workforce Unemployed1,69312,53135,724
    Civlian Workforce17,521165,618516,620
    Military Workforce3062244
    Total Households9,985101,870327,573
    Family Households7,14563,746197,210
    Non-Family Households2,84138,124130,364
    Married Couple4,13438,085120,569
    Other Family3,01125,66176,641
    Married w/Child1,86215,68950,678
    Single Male w/Child3013,2589,687
    Single Female w/Child9377,81822,444

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3127 N Broadway in Los Angeles?
    The asking price for 3127 N Broadway is $1,250,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 3127 N Broadway in Los Angeles is 4,600 square feet
    How much land does the Los Angeles, CA property at 3127 N Broadway include?
    3127 N Broadway in Los Angeles includes 0.162 acres of land
    What is the population within 1 mile of 3127 N Broadway in Los Angeles?
    The population within 1 mile of 3127 N Broadway Los Angeles, CA 90031 is 34,922 people.
    Who do I contact for questions about 3127 N Broadway?
    You should contact the listing agent, Jordan Petito, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 15
    John Wayne Airport-Orange County Airport (SNA) 34
    Ontario International Airport (ONT) 35
    Price
    $1,250,000
    Listing Agent
    Jordan Petito - CRE Agent at KW Commercial

    Jordan Petito

    KW Commercial

    VIEW AGENT PROFILE

    CONTACT AGENT

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