We are pleased to present 1909 N Broadway, a two-story, 16-unit apartment community located in the heart of Lincoln Heights. Offered for sale for the first time in 47 years, the property presents an opportunity for investors to capture rental upside as units turn over. Built in 1915, the unit mix consists of (2) bachelors, (6) studios, (4) one-bedroom/one-bath units, and (4) one-bedroom/two-bath units. The building spans approximately 7,607 square feet of living space on an 8,208 square foot lot. The property is master-metered for water, gas, and electricity and includes three recently replaced 40-gallon water heaters. Additional features include gated entry, a shared restroom on each floor currently utilized for storage, and no on-site parking. Situated along N. Broadway just west of the 5 Freeway, the property benefits from a strong walk score of 89 and close proximity to local markets, neighborhood dining, and Chavez Ravine, home of Dodger Stadium. Downtown Los Angeles, Chinatown, the Arts District, Boyle Heights, and surrounding neighborhoods are only minutes away, with convenient access to both the 110 and 5 Freeways providing connectivity throughout Greater Los Angeles.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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