10500 S Broadway, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
Analysis of 10500 S Broadway, Los Angeles, California 90003 is currently available with a list price of $1,299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1956, this multi-unit property shows visible signs of age and deferred cosmetic maintenance. Exterior images reveal peeling paint on the second-floor walkways, weathered stucco, and dated metal security bars and screen doors. While the building appears structurally functional and occupied, the lack of interior photos and the 'subject to interior inspection' clause suggest that the units likely feature outdated kitchens, bathrooms, and fixtures that have not undergone a full modern renovation within the last 15 years.
Listed at $1.299M, the property is priced substantially below its 2024 sale price of $1.6M, presenting a high-equity acquisition opportunity for investors.
The mixed-use designation in a high-density Los Angeles corridor allows for diverse income streams, combining residential stability with potential commercial utility.
The inclusion of city light views adds a premium aesthetic element to the units, increasing tenant appeal and long-term property desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 4664.
The requirement for offers to be subject to interior inspection and limited access to only one unit creates a barrier to entry and increases risk for traditional buyers.
Explicit disclaimers regarding the accuracy of square footage, permits, and room counts place a heavy due diligence burden and potential hidden costs on the buyer.
Offers are subject to interior inspection. 1 unit is available to showing purposes. All the units are the same. Seller, Broker and broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot line/dimensions, permitted or unpermitted spaces, school boundary lines or other information the conditions or features of the property. The buyer is advised to independently verify the accuracy of all information
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 1 | 830.5 | 50% |
| Lot Size | 6,302 | 4,409.5 | 50% |
| Price | $1.30M | $904.5K | 50% |
| Price per sq ft | $1.30M | $649.7K | 50% |
| Built year | 1956 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 122 | 50% |
Mar 24, 2026
$1,299,000
Initial Listing
Apr 30, 2024
$1,600,000
Public Record
Dec 4, 2020
$1,405,000
Public Record
May 7, 2013
$622,000
Public Record
Apr 3, 2001
$225,000
Public Record