$1,399,000
9124 S Broadway, Los Angeles CA 90003
Multi-Family (8 Units)
Property type
8 days
On market
$272
Price per sqft
0 cars
Garage
1941
Year built
8,142 sqft
Lot size
Home highlights
Open Houses
Overview
9124 South Broadway is an eight-unit apartment building in South Los Angeles. This is an excellent acquisition opportunity for an investor looking for immediate upside potential: five units are ready for a new owner to lease at market rates. Furthermore, there may be potential to develop 8-10 ADUs, doubling the asset’s unit count and majorly boosting cash flow potential (buyer...
Listing provided by: Steven Bogoyevac DRE #01332755 562-257-1231, Steven M. Bogoyevac, Broker
Listing updated: Jun 8, 2026 at 04:41pm.
Last checked: Jun 13, 2026 at 06:00pm
Source: CRMLS #PW26124229
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,522 | $1,522 | $1,895 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $1,895 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $1,895 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $1,895 | Unfurnished |
| 1 | 2 | 1 | — | $1,234 | $1,234 | $2,195 | Unfurnished |
| 1 | 2 | 1 | — | $1,151 | $1,151 | $2,195 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,195 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,195 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
8.3x
List Price / Annual Gross Rent
Cap Rate
7.84%
NOI / List Price
Gross Scheduled Income: $167,787
Operating Expense: $53,067
Net Operating Income: $109,686
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6040036014
Additional Parcels: No
Tax Lot: 38
Community
Senior Community: No
Community Features: Urban