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1909 N Broadway
677 - Lincoln Hts Los Angeles 90031

$1,850,000
Residential Income beds: 8 baths: 14.0 7,607 sq. ft. built: 1915

Status:
Active
Prop. Type:
Residential Income
MLS® Num:
26994207
Bedrooms:
8
Bathrooms:
14
Year Built:
1915
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.
Total Floor Area:
7,607 sq. ft.
Lot Area:
8,210 sq. ft.
Bedrooms:
8
Full Bathrooms:
0
Three Quarter Bathrooms:
0
Half Bathrooms:
0
One Quarter Bathrooms:
0
Bathrooms:
14.0 (Full:0, Half:0)
Year built:
1915 (Age: 111)
General Listing Location:
Los Angeles, 677 - Lincoln Hts
County Or Parish:
Los Angeles
Gross Income:
$222,458
Net Operating Income:
$114,774
Cap Rate %:
6.2
Vacancy Allowance:
$6,648
Vacancy Allowance Rate:
$3
Located on N Broadway between Avenue 19 and Avenue 20 in Lincoln Heights. Property is situated on the east side of the street. Convenient access from the 110 Freeway via Avenue 26 or Broadway exits or the 5 Freeway via Broadway.
Appliances:
Refrigerator
Number of Buildings:
1
Senior Community:
No
Levels:
Multi/Split
Num Stories:
2
New Constr.:
No
# Units:
16
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Total Parking Spaces:
0
Parking Features:
None
Special Listing Conditions:
Standard
Parcel Number:
5447022004
Zoning:
LAUV(CA)
Listed by Marcus & Millichap
Data was last updated October 1, 2026 at 04:40 AM (UTC)