1319 North Broadway, Los Angeles, CA 90012

We are pleased to present the opportunity to acquire this value-add Four (4) unit property located in the Los Angeles Chinatown area. This property is located across from the recently re-opened Los Angeles State Historic Park and walking distance to the Chinatown Gold Line Metro Station.This property was built in 1920 and features four one-bedroom, one bath units. Each unit is separately metered for gas & electricity and are equipped with individual hot water heaters. This 2,824 square foot two-story property sits on a 6,262 square foot lot zoned LAC2. This site could potentially be redeveloped into a Fifteen unit multi-family building. Priced at $239/NRSF and $108/SF Lot, this is a unique opportunity to acquire a value-add property with significant upside that is also located in one of the hottest redevelopment areas in the City of Los Angeles. Drive By ONLY. Do not disturb tenants.