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Backup Offers

4060 Broadway Pl, Los Angeles, CA, 90037

$2,900,000

4 Bedrooms
24 Baths
15,273 SqFt
$190/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingNone
Year Built1922
MLS #24378541
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4060 Broadway Pl

We are pleased to offer for sale a 24-unit (20 unit + Two Commercial operating as residential + Two Storefronts) mixed-use community located at 4060 - 4064 South Broadway Place. Built in 1922, the property is a three-story building consisting of 18 studios, four one-bedroom/one-bathroom units and two commercial storefront units. Positioned just one and a half miles from the University of Southern California, three miles from the Staples Center and L.A. Live, the property is located on Broadway Place just south of Jefferson Boulevard and east of the 110 freeway. The offering represents a unique buying opportunity to acquire a mid-sized property with attractive in-place metrics in an in-fill location near Downtown Los Angeles, with additional upside potential.* Buyer to verify unit, bedroom and bathroom count.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 3
  • Living Area: 15,273 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: East of Figueroa Street & South of Martin Luther King Boulevard

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,900,000
  • Price Per SqFt: $190/SqFt

Tax Information:

  • Annual Amount: $11,218
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

4060 Broadway Pl vs Los Angeles

95 DAYS ON ROCKET

+57 Days

$2,900,000

+$1.8M More

$190/SqFt

-$451 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $451/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24378541

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,218$803,029
2020$10,915$792,460
2019$10,763$776,923
2018$10,513$761,690
2017$10,513$746,755

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,761

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1011667
6
/10
  • Global Education Academy

  • 4141 S Figueroa St

  • 0.30 miles

  • Public Charter Grades KG-6

school-card-donut-1011668
5
/10
  • West Vernon Avenue Elementary

  • 4312 S Grand Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1011669
6
/10
  • Accelerated Charter Elementary School

  • 3914 S Main St

  • 0.45 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,540. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4060 Broadway Pl

What is the listing price of this property?

The listing price of 4060 Broadway Pl property is $2,900,000.

What type of property is this?

The property 4060 Broadway Pl is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 4060 Broadway Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4060 Broadway Pl has 4 bedrooms and 24 bathrooms.

What is the square footage of this property?

The property 4060 Broadway Pl is 15,273 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4060 Broadway Pl is 1922.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900374060 Broadway Pl

This home is located at 4060 Broadway Pl in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 15,273 square foot home, which was built in 1922, sits on a 0.15 acre lot. Features: 4 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $2,900,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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