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8925 S Broadway, Los Angeles, CA 90003

List Price: $1,332,450On Market FlagOn market
Feb 14, 20253,204 sqft12 beds4 baths
Listed by: Douglas Steinriede
License #: 00284936
Phone #: 818-843-5200
Dover Management Corp.
Source:
CRMLS Logo
MLS #: 25508357

Property Description

Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM, new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,984

TurboHome Estimated Value

$1,365,700

$426 sqft

High Valuation
$1,433,985
$448/sqft
Normal Valuation
$1,365,700
$426/sqft
Low Valuation
$1,297,415
$405/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$426/sqft$1,365,700

Location

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