1818 N Broadway #M, Los Angeles, CA 90031
FOR SALE

1818 N Broadway #M
Los Angeles, CA 90031

Lincoln Heights
  • 15 Beds
  • 15 Baths
  • 4,142 sqft
  • 15 Beds
  • 15 Baths
  • 4,142 sqft

$1,950,000

Est. Mortgage $12,370/mo*
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Local Information

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Description

6 Units and commercial retail unit Delivered Vacant! 1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This well-maintained two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises 18 residential units alongside a retail space, all set on a generous 7,412-square-foot lot, complete with 14 parking spaces. Designed to cater to a diverse range of tenants, the unit mix includes (15) Bachelors ( 2) 1-bedroom + 1-bathroom units, (1) Studio, and a commercial unit, ensuring broad appeal to prospective tenants. With 6 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in vibrant Lincoln Heights, a historic neighborhood known for its diverse community, rich cultural heritage, and architectural landmarks. Situated northeast of Downtown LA, Lincoln Heights offers a blend of residential charm, bustling commercial areas, and easy access to transportation hubs. Residents have convenient access to several nearby employment centers in Los Angeles. These include Downtown LA, which is just a short distance away and offers diverse employment opportunities in finance, technology, hospitality, and more. The nearby Arts District is known for its creative industries, including art galleries, studios, and tech startups. * 323 N. Soto St. can be purchased with 2221 Michigan Ave. & 1818 N. Broadway as a portfolio.
Property Website

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$471
Listed
58 days ago

Home Details for 1818 N Broadway #M

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 15
Dimensions and Layout
Living Area: 4142 Square Feet
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: Other
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 14Parking: Assigned,Open
Frontage
Road Surface Type: Paved

Days on Market

Days on Market: 58

Property Information

Year Built
Year Built: 1897
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,950,000Price Per Sqft: $471

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-364065

Building

Building Area
Building Area: 4142 Square Feet

Lot Information

Lot Area: 7413.912 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-364065Listing Url
Last check for updates: 1 day ago
Listing courtesy of David Weinberger DRE # 01349349, (818) 970-0915
Keller Williams Studio City, (818) 432-1500
Megan Husri DRE # 02089901, (661) 839-3032
Keller Williams Studio City, (818) 432-1500
Source: CLAW, MLS#24-364065

Price History for 1818 N Broadway #M

DatePriceEventSource
03/02/2024$1,950,000Listed For SaleCLAW #24-364065

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Neighborhood Overview

Lincoln Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lincoln Heights

  • Aldric G.
    "Dog owners would like walking their dogs around the neighborhood as the blocks are big enough for good walking distances and there is a park nearby for dogs to run around and play."
    0
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  • Trulia User
    "Easy access to public transportation towards DTLA. No chance of making it to OC or IE with out some difficulty. Being close to DTLA, rush hour traffic isn’t easy to beat."
    1
    Flag
  • Trulia User
    "Unsafe neighborhood with bad public schools. It’s not wise at all to start or raise a family here. "
    0
    Flag
  • Spolan627
    "If you can look past the run down nature of the houses. The neighborhood has a lot of character. The people keep to themselves but there are a lot of families that live here. It's pretty quiet except when the Ice cream truck rolls by. "
    10
    Flag
  • Meghanmarsala
    "There are several green areas to walk your dog to. Lincoln park is a great little pet spot. There are several pet stores in the area"
    2
    Flag
  • Yvette A.
    "This neighborhood isnt for those people that don't like fireworks or whose pets are afraid. Theres a lot of noise here. Especially from May-August"
    1
    Flag
  • Stephanie N. D. A.
    "There is a lot of grass to walk your dog but there is also a lot of old vegetation that tends to over grow and get stuck to your pet and there is also coyotes here from time to time also a lot of stray cats "
    5
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  • Jamesgleslie
    "Lots of people walk their dogs. Very pleasant during the day. Very different story at night! Dog poo seldomly picked up. Close to hiking path trails and parks. Lots of good grocery stores but not sure if they’re pet friendly. I own a cat but I can tell the neighborhood is cohesively shared with mans best friend. I love it here!"
    4
    Flag
  • Marcella Q.
    "There are occasional carnivals. Very fun. They close the street and you ride attractions. They sell tickets and with them you can ride the attractions. "
    0
    Flag
  • Ashley A.
    "Lately for these specific apartments it’s not that great. It’s not well protected and I say this because I have witnessed people breaking in (homeless & drug users). Nobody is actually caring enough when we report these issues. "
    7
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  • Gomez_juan_07
    "It’s getting gender equality for all y’all people who don’t lo like to live in downtown but like to be able to be close to downtown and live the fact that they are outing new bars and caffe shops like Starbucks and Tierra Mia and Lincoln highs cafe and bar that we can go and have fun "
    4
    Flag
  • Giselle A.
    "It’s nice and quiet I like it cause people mind there own business and I feel safe around here. Also everything is a close"
    0
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  • Ashley R.
    "I live near sacred heart and griffin elementary. Kids walk to and from school with their families. I also saw a lot of families out on Halloween. On the weekends it’s somewhat common to see kids playing outside. "
    0
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  • Estebancamey
    "I’ve lived here for 4 years now and I take my dog for a walk all over the neighborhood and everyone I come across always smiles and says hello."
    6
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  • Gavilandarriba
    "there some weirdos out her. when the sun goes down make sure your kids are home. every Wednesday there a farmer's market on Broadway. "
    0
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  • Jorge M.
    "Some people don’t know how to keep there dogs on a leash and don’t know how to pick up after their dogs duty "
    0
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  • Nick
    "I almost got robbed last time I went back to visit. Good thing I know the area and ran through an alley. Some things never change. "
    0
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  • peaceful
    "Not the best/safest neighborhood. I enjoy living so close to DTLA & the delicious taco/corn stands, but that's about it. There are no good grocery stores in the area and I can never tell if it's fireworks going off or gunshots. People are really inconsiderate with how loud they are at night, even on week nights. "
    14
    Flag
  • Demi C.
    "I’ve lived here for a year and I love it. It’s away from all the noise but close enough to the more popular areas"
    1
    Flag
  • holly S.
    "Somewhat quiet, clean and near a nice public park with a trail. Near the city but not as much traffic. "
    0
    Flag
  • Laura S.
    "gun shots and drive bys! this is the reality of this neighborhood. check out the citizen app for crime info. "
    0
    Flag
  • Ashley
    "it is 15 min drive to alhambra, Glendale, close to grocery stores, alot od convenient places as well."
    6
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  • So_sarah89
    "It’s a very quiet and friendly area. Don’t judge a book by its cover with Lincoln Heights. It’s a warm neighborhood."
    4
    Flag
  • Jamienfalcon
    "There are some kids but it’s not the kind of neighborhood where neighbors kids play together. There are regular icecream trucks and vendors around."
    1
    Flag
  • Nena
    "I think its gross that their are dog owners who leave their pets doo doo behind day after day, with no consideration for the neighborhood 🤬 the sidewalks are not your dogs personal bathroom. Pick up after your pets! "
    1
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  • Emmanuel H.
    "Its a feel good neighborhood with lots to do please don't gentrify it! it has lots of character and the community is fun and the houses are historic one of the oldest communities in Los Angeles "
    1
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  • Virivette
    "Way too expensive!!!!!!!!!!! no rent control. The neighborhood is a not nice for it to ne so expensive. There's crime and police activity often. Walls full of graffiti. The owners do not care for tennants and don't fix anything. It is bad!!!"
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  • Steph k.
    "La Chuperia!!! Best burritos and craft beer around ! Super safe place to visit family owned - michaladas are incredible free valet!!"
    5
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  • Keilatopete
    "Schools are close by within walking distance. There’s a lot of cultural arts programs in Lincoln Park, from music to dance and art. The area is slowly being gentrified. USC school of medicine and pharmacy is slowly taking over: there are a lot of USC affiliated people moving into the neighborhood."
    1
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LGBTQ Local Legal Protections

David Weinberger, Keller Williams Studio City
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1818 N Broadway #M, Los Angeles, CA 90031 is a 15 bedroom, 15 bathroom, 4,142 sqft multi-family built in 1897. 1818 N Broadway #M is located in Lincoln Heights, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 2, 2024. The MLS # for this home is MLS# 24-364065.