6001 S Broadway
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6001 S Broadway
60 Unit Apartment Building For Sale Los Angeles, CA 90003
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present a new construction affordable housing investment opportunity
- The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately
- There is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4
- Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF
- The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space
- Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property
Executive Summary
The Neema Group of Marcus & Millichap is pleased to present a new construction affordable housing investment opportunity at 6001 S Broadway in South Los Angeles located between Slauson Ave & W Gage Ave.
Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF; 39 of the 60 units have a patio or balcony. The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately.
The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space for supportive services. In addition, there is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4.
Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property at Broadway & W 61st St. Ideal location to commute to employment hubs throughout South Los Angeles, Huntington Park, Vernon, and Downtown Los Angeles. Walking distance to several schools including 61st St Elementary, Juanita Tate Elementary, and St Columbkille School; walking distance to neighborhood retail and amenities. One block east of the 110 Freeway with convenient access from W Gage Ave or Slauson Ave.
Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF; 39 of the 60 units have a patio or balcony. The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately.
The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space for supportive services. In addition, there is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4.
Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property at Broadway & W 61st St. Ideal location to commute to employment hubs throughout South Los Angeles, Huntington Park, Vernon, and Downtown Los Angeles. Walking distance to several schools including 61st St Elementary, Juanita Tate Elementary, and St Columbkille School; walking distance to neighborhood retail and amenities. One block east of the 110 Freeway with convenient access from W Gage Ave or Slauson Ave.
Property Facts
Sale Type | Investment | Lot Size | 0.36 AC |
No. Units | 60 | Construction Status | Under Construction |
Property Type | Multifamily | Building Size | 38,862 SF |
Property Subtype | Apartment | No. Stories | 4 |
Apartment Style | Low Rise | Year Built | 2025 |
Building Class | A |
Sale Type | Investment |
No. Units | 60 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | A |
Lot Size | 0.36 AC |
Construction Status | Under Construction |
Building Size | 38,862 SF |
No. Stories | 4 |
Year Built | 2025 |
Unit Amenities
- Balcony
- Patio
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 60 | - | 360 - 569 |
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Number | 6005-004-021 | Improvements Assessment | $2,903,940 CAD |
Land Assessment | $4,355,910 CAD | Total Assessment | $7,259,850 CAD |
PROPERTY TAXES
Parcel Number
6005-004-021
Land Assessment
$4,355,910 CAD
Improvements Assessment
$2,903,940 CAD
Total Assessment
$7,259,850 CAD
zoning
Zoning Code | LAC2 |
LAC2 |
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