10510 S Broadway, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$949,999
10510 S Broadway, Los Angeles, California 90003
0Bed
0Bath
3,000Sqft
6,302Lot
Year Built
1940
Close
-
List price
$950K
Original List price
$800K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
DW25264967
Home ConditionFair
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $950.0K(86th), sqft - 3000(90th), beds - undefined(50th), baths - undefined(50th).
Triplex Income Property! 3BD/2BA || 3BD/2BA || 2BD/1BA Well-maintained multi-unit investment property with strong rental potential, stable cash flow, and desirable unit mix. Ideal for investors, 1031 exchange buyers, or owner-occupants seeking additional rental income. Located in a high-demand rental market with long-term appreciation potential.
Price History
Date
Event
Price
12/11/25
Price Change
$949,999-5.0%
11/29/25
Price Change
$999,999+25.0%
11/21/25
Listing
$799,999
09/16/10
Sold
$79,000
Condition Rating
Fair
Built in 1940, this triplex shows its age through dated exterior features, including older windows, security bars, and worn concrete. While described as 'well-maintained,' the listing also notes the property's age and a 'lack of specific unit upgrades,' suggesting that major components are functional but outdated. Without interior images, particularly of kitchens and bathrooms, it's reasonable to assume these areas reflect the property's overall age and would require minor updates or renovations to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering strong rental potential and stable cash flow, making it an attractive investment.
Desirable Unit Mix: The unit configuration (two 3BD/2BA and one 2BD/1BA) provides a versatile and desirable mix for various tenant needs, potentially maximizing rental income.
High-Demand Rental Market: Located in Los Angeles, the property benefits from a high-demand rental market with significant long-term appreciation potential.
Well-Maintained Property: The description highlights the property as 'well-maintained,' suggesting reduced immediate capital expenditures for a new owner.
Broad Buyer Appeal: Ideal for a diverse range of buyers including investors, 1031 exchange participants, and owner-occupants seeking additional rental income.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2238.
Age of Property: Built in 1940, the property's age may lead to higher long-term maintenance costs and potential needs for system upgrades (e.g., plumbing, electrical) despite being well-maintained.
Recent Price Adjustments: The listing history shows recent price increases followed by a reduction, which could indicate initial overpricing or market resistance at higher price points.
Lack of Specific Unit Upgrades: While well-maintained, the description does not detail specific modernizations or renovations within the units, which might be necessary to command top-tier rents in a competitive market.