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7304 S Broadway, Los Angeles, CA 90003
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7304 S Broadway Los Angeles, CA 90003

$700,000 Sold Price as of 06/01/2023
  • -- Beds
  • -- Baths
  • 6,482 Sq.Ft.
Sold
$700,000 Sold Price as of 06/01/2023 Refinance Your Mortgage
Map preview of 7304 S Broadway, Los Angeles, CA 90003

Property Overview: 7304 S Broadway Los Angeles, CA has -- bedrooms, -- bathrooms, 6,482 living square feet and 6,241 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Realty Group Advisors presents a two story Commercial Mixed-Use building in the center of South Los Angeles. This property is aprrox 6482 sq ft and sits on a 6241 sq ft lot. Its a 4 unit 1bed 1 bath on top currently fully occupied and two vacant commercial units downstairs each commercial unit is approx 1620 sq ft. It holds major rental upside with the current rents and occupancy, just 4.7 miles from the Sofi Stadium, 5 miles from Downtown LA and one block from 110 fwy this property is adequately allocated in the developing neighborhood of Los Angeles. **Seller willing to carry loan with 20%-50% down**

Listed by Reyes Mejia | BRE #01868073 | Realty Group Advisors
Last checked: 3 minutes ago | Last updated: June 18th, 2023 | Source CRMLS | DOM: 120

Home details

Lot Sq. Ft
6,241
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW22242417
City
Los Angeles
County
Los Angeles
Time on Site
551 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 4
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: --

Property Details for 7304 S Broadway

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6031005002
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: Exit i-110 on Florence Ave make a right turn followed with another right on Broadway. Subject property on left hand side
View more facts & features

Local Los Angeles Agent

Sale History for 7304 S Broadway

Last sold for $700,000 on June 1st, 2023

  • June, 2023

  • Jun 1, 2023

    Date

    Sold

    CRMLS: DW22242417

    $700,000

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: DW22242417

    $1,800,000

    Price

Tax History for 7304 S Broadway

Assessed Value (2020): $45,004
Year Land Value Improved Value Assessed Value
2020 $16,561 $28,443 $45,004

Home Value Compared to the Market

This property vs the competition

7304 S Broadway sold on June 1, 2023 for 24.45% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $138.69 per/sqft which puts the price per square foot 81.63% lower than the current median sale per square foot for the city of Los Angeles.

About 7304 S Broadway

Detailed summary of property

7304 S Broadway is a mixed use that recently sold in Los Angeles, CA 90003. This mixed use property offered -- bedrooms, -- bathrooms, roughly 6,482 living square feet, and sits on an approximately 6,241 square foot lot. 7304 S Broadway was first listed on ArdentRealEstateGroup.com on November 16, 2022. The homeowner sold the property for $700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.45% lower than the current median priced home. Local homes that are currently for sale include 1607 E 4th St, 300 S Pecan St and 3403 E 4th St. While the average home in Los Angeles, CA is selling in 92 days, 7304 S Broadway has a days on market of 120 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 7304 S Broadway Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7304 S Broadway

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
6,482
Lot Size
6,240
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
6031-005-002

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 7304 S Broadway

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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.

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