RealKey
‪(213) 433-7766‬

10712 S Broadway, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath

10712 S Broadway, Los Angeles, California 90061 home-pic-0
ACTIVE$885,000
10712 S Broadway, Los Angeles, California 90061
0Bed
0Bath
1,870Sqft
6,160Lot
Year Built
1930
Close
-
List price
$885K
Original List price
$895K
Price/Sqft
$473
HOA
-
Days on market
-
Sold On
-
MLS number
SB25122580
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $885.0K(50th), sqft - 1870(50th), beds - undefined(50th), baths - undefined(50th).

10712 S Broadway is a charming 4-unit apartment building located in South Los Angeles. The renovated asset is currently operating above 5%+ CAP providing investors with solid in-place cash flow. The asset sits on a 6,160 SF C2-zoned lot, offering future development potential while generating steady income. The property also has 4 Car parking lot in the back, that can be a potential ADU Possibility (Buyer to verify). Property has updated electrical panels, updated copper plumbing, updated interior & exteriors. Positioned along a high-visibility corridor with excellent access to freeways, public transportation, and local amenities, the property appeals to a broad tenant base.

Price History

Date
Event
Price
08/07/25
Price Change
$885,000
06/10/25
Listing
$895,000
10/13/11
Sold
$230,000
04/19/06
Sold
$475,000
10/10/01
Sold
$125,000
01/23/98
Sold
$220,000
Condition Rating
Good
Despite being built in 1930, the property is described as a 'renovated asset' with 'updated electrical panels, updated copper plumbing, and updated interior & exteriors.' While interior images are not provided to assess kitchen and bathroom styles or specific features, these significant system and cosmetic updates suggest the property is move-in ready and functional, aligning with the 'Good' condition criteria. The exterior appears well-maintained, and the property is generating income, indicating its habitability.
Pros & Cons

Pros

Strong In-Place Cash Flow: The 4-unit apartment building is currently operating above a 5%+ CAP rate, providing investors with solid, immediate cash flow.
Significant Development Potential: The 6,160 SF lot is C2-zoned, offering valuable future development opportunities beyond its current use, such as commercial or higher-density residential.
Extensive Recent Renovations: The property has been significantly updated with new electrical panels, copper plumbing, and refreshed interiors/exteriors, reducing immediate capital expenditure for a new owner.
ADU Conversion Opportunity: The presence of a 4-car parking lot in the rear presents a clear potential for ADU (Accessory Dwelling Unit) conversion, which could significantly increase rental income and property value.
Strategic & Accessible Location: Positioned on a high-visibility corridor with excellent access to freeways, public transportation, and local amenities, ensuring broad tenant appeal and ease of access.

Cons

Age of Building: Built in 1930, despite recent renovations, the property's age may still imply potential for unforeseen maintenance issues or limitations in modern layouts and amenities.
Location Perception: While accessible, the South Los Angeles location may carry certain market perceptions that could influence tenant demographics or long-term appreciation for some investor profiles.
Unverified ADU Potential: The ADU possibility is explicitly stated as 'Buyer to verify,' meaning this value-add opportunity is not guaranteed and requires additional due diligence, permits, and investment from the buyer.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state