11226 S Broadway, Los Angeles, CA 90061
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11226 S Broadway Los Angeles, CA 90061

$1,450,000
  • 19 Beds
  • 16 Baths
  • 4,041 Sq.Ft.
For Sale
$1,450,000 Get Pre-Qualified

Map preview of 11226 S Broadway, Los Angeles, CA 90061

Property Overview: 11226 S Broadway Los Angeles, CA has 19 bedrooms, 16 bathrooms, 4,041 living square feet and 7,687 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 11226 S Broadway is an exceptional value-added potentials for the right investor. This property which sits in the rapidly gentrifying Vermont Vista area of South Los Angeles has an additional dwelling unit with the potential to increasing cash flow after renovations. The building is well maintained and also has potential to increase rents. The subjects property is down the street from the 700-unit Jordan Downs Development and a stone’s throw from the Sofi Stadium provide long term appreciate and tenant convenience. There is ample on-site parking with transportation made easy from accessibility to the 110/105 Freeways.

Listed by Omor Obarogie | BRE #01900041 | Omor Obarogie
Last checked: 9 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 78
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Home details

Lot Sq. Ft
7,687
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
SR24025446
City
Los Angeles
County
Los Angeles
Time on Site
101 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 11226 S Broadway

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Lot 6500-9999, Lot Over 40000 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 6074023089
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off the 110 Freeway
View more facts & features

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Sale History for 11226 S Broadway

Last sold for $1,200,000 on March 24th, 2023
  • February, 2024

  • Feb 9, 2024

    Date

    Active

    CRMLS: SR24025446

    $1,450,000

    Price

  • March, 2023

  • Mar 24, 2023

    Date

    Sold

    CRMLS: PW22235545

    $1,200,000

    Price

  • Nov 3, 2022

    Date

    Active

    CRMLS: PW22235545

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    11226 S Broadway is nestled in the rapidly gentrifying Vermont Vista pocket of South Los Angeles. The building is well maintained and has potential to increase rents. The subject property is down the street from the 700-unit Jordan Downs Development and a stone's throw from the SoFi Stadium providing long term appreciation and tenant convenience. There is ample on-site parking with transportation made easy from accessibility to the 110/105 Freeways.

  • April, 2006

  • Apr 5, 2006

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

Show More

Tax History for 11226 S Broadway

Assessed Value (2020): $531,051
Year Land Value Improved Value Assessed Value
2020 $249,906 $281,145 $531,051

Home Value Compared to the Market

This property vs the competition

11226 S Broadway is listed 16.09% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $358.82 per/sqft which puts the price per square foot 53.64% lower than the median price per square foot for the city of Los Angeles.

About 11226 S Broadway

Detailed summary of property

11226 S Broadway is a multi family located in Los Angeles, CA 90061 and is currently for sale. This multi family property offers 19 bedrooms, 16 bathrooms, roughly 4,041 living square feet, and sits on an approximately 7,687 square foot lot. 11226 S Broadway was first listed on ArdentRealEstateGroup.com on February 5, 2024. The homeowner is currently asking $1,450,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.09% higher than the median priced home. Local competing homes currently for sale include 5314 S Broadway, 915 E 50th St and 5022 S Western Ave. While the average home in Los Angeles, CA is selling in 94 days, 11226 S Broadway has a days on market of 78 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 11226 S Broadway Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11226 S Broadway

Public county record property details
Beds
8
Baths
5
Year built
1951
Sq. Ft.
4,041
Lot Size
7,691
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
256
APN
6074-023-089

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$579,000
Median List Price/Sq.Ft.
$494
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
30
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.