11151 S Broadway, Los Angeles, CA 90061

$875,000
3
BD
2
BA
2,975
SqFt
Sold Price
$875,000
List Price
$899,000
Closing Date
Jan 06, 2023
MLS#
22-175691
Year Built
1922
Bedrooms
3
Bathrooms
2
Living Sq. Ft
2,975
Lot Size
7,286
Days on Market
111
Property Type
Multifamily
Style
Unknown
Stories
2

Property Description

The variety of buildings at 11151 S. Broadway offers buyers options of how to live, develop, or go a new and different way from the ground up. This mixed-use property is currently configured as two residential single-family dwellings which face 111th: 1) 306 W. 111th Pl., a vacant 2BR/1BA 1,050 sq.ft. second-story dwelling with an oversized two-car garage beneath it, and 2) 310 W. 111th Pl., an occupied 1BR/1BA 468 sq.ft. detached home. Two occupied institutional buildings front Broadway: 3) 11151 S. Broadway which totals 953 sq.ft., and 4) 11153 S. Broadway, which totals 504 sq.ft. Both of these structures are zoned in public records as places of worship. According to public records, the current total interior sq.ft. of all the structures combined is 2,975 sq.ft. The 7,286 sq.ft. lot, located on the corner of Broadway and W. 111th Place, is perfectly sited in the middle of a rapidly gentrifying area of South Los Angeles. The complex of four detached buildings is close to DTLA, minutes from SoFi Stadium, LAX, USC, and Exposition Park. The neighborhood immediately surrounding this location has several development projects in the works. 11151 S. Broadway provides an opportunity to succeed in an area that is set to grow and thrive in the near future. Buildings will be sold as-is, with 2 tenants in-place.

Additional Information

Other Buildings
Other
Heat
Combination
Cooling
None
Number of Cars in Garage
Garage - 2 Car
Garage Spaces Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Keller Williams Beverly Hills, Jeff Yarbrough - CA DRE#01341959 Selling Office: .

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).