Property Description

Kingside Investment Group is pleased to present 2610 Broadway, an eight (8) unit multifamily offering located in the Walnut Park neighborhood of Los Angeles. Situated on approximately 6,632 square feet of land (0.15 acres), the property consists of seven (7) one-bedroom units and one (1) studio unit. The site features two distinct residential structures connected by a long driveway along the right-hand side of the property. The front building offers street-facing access to several units, while the rear building is positioned above four single car garages. While the property is currently in good condition, there is value-add potential through a targeted interior renovation program, allowing a new owner to capitalize on future rent growth and 90% upside in rents. Located just one block east of Pacific Boulevard, 2610 Broadway benefits from a highly walkable location with convenient access to public transportation, major retail centers, and employment hubs, making it an attractive investment in a dense and supply-constrained rental market. Lastly, there are currently two vacant units which will allow a new owner to immediately capture some of the upside in rent.

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