Check Availability

3435 South Broadway

3435 South Broadway, Los Angeles, CA 90007
Property in South Central LA
3435 South Broadway in Los Angeles, CA was first built in 1952 and is 72 years old. This has been categorized as a industrial property type. It is a single story home. 3435 South Broadway has 65,078 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 26,943 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The roof of the home is made of roll composition. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of concrete. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3435 South Broadway sold most recently in Jun 28, 2021 for a total of $8,600,000. If you work out the math, that's approximately a cost of $132.15 per sqft. Before that, the property was also sold for $4,150,041 in May 2, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $106,531 in taxes each year. 3435 South Broadway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,772,000. If we break it down further, the land itself was valued at $3,570,000. Improvements to the property, however, were assessed at a total of $5,202,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,943
  • Total Building Area: 65,078
  • Gross Building Area: 65,078
  • Building Area: 65,078
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 65,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: LAMBS HOME TRACT
  • Land Acres: 0.619
  • Standard Land Use Code: Light industrial
  • Legal Description 1: LOT 15 LAMBS HOME TRACT AS PER BK 34 PG 92 OF M R AND EX OF ST LOT 2 AND ALL OF LOTS 3,4 AND 5 COOPERATIVE SUB OF PART OF LAMBS HOME TRACT AS PER BK 55 PG 85 OF M R

Ownership

  • Current Owner : THE BROADWAY PLAZA LLC
  • Previous Owner : KIM KYUNG AE
  • Previous Owner 2: THE KYUNG AE KIM REVOCABLE LIV
  • Owner Before Previous Owner: WOO & C MANAGEMENT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231100

Zoning

  • Zoning: LAMR1

Geography

  • Assessors Map Reference: 52-B1
  • Parcel: 5122-031-004
  • Lot: 15
  • Municipality: EAST /CENTRAL LA
  • Latitude: 34.0183
  • Longitude: -118.275

    Address

  • Full Address: 3435 S Broadway
  • Address - House Number: 3435
  • Street Direction: S
  • Address - Street Name: Broadway
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 4410
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $106,531
  • Tax Rate Code Area: 06-658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,300,000
  • First Open Lien Mortgage Lender: HABIB AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2021
  • First Open Lien Mortgage Loan Amount: $5,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,772,000
  • Assessed Land Value: $3,570,000
  • Assessed Improvements Value: $5,202,000

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Transaction ID: 11842340079
  • Current Sale Price: $8,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1044900
  • Previous Sale Recording Date: May 10, 2011
  • Previous Sale Contract Date: May 02, 2011
  • Previous Sale Amount: $4,150,041
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HABIB AMERICAN BANK
  • First Mortgage Transaction Date: Jul 06, 2021
  • First Mortgage Loan Amount: $5,300,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SAEHAN BANK
  • Previous Mortgage Transaction Date: May 10, 2011
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $3,415,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 171 47th Pl, Los Angeles, CA, 90037

$1,395 /mo

  • Studio
  • 1 Bath
171 47th Pl, Los Angeles, CA, 90037 Listing by George Morales
Unit for rent at 1416 W. Olympic Blvd, Los Angeles, CA, 90015

$1,395 /mo

  • Studio
  • 1 Bath
  • 589 ft²
1416 W. Olympic Blvd #1416 W. Olympic Ave, Unit 31, Los Angeles, CA, 90015 Listing by Manager
Unit for rent at 1949 Park Grove Avenue, Los Angeles, CA, 90007

$1,595 /mo

  • Studio
  • 1 Bath
  • 600 ft²
1949 Park Grove Avenue #1949 Park Grove Avenue - Unit 09, Los Angeles, CA, 90007 Listing by 1949 Park Grove Avenue

Frequently Asked Questions

What neighborhood is 3435 South Broadway located in?
The 3435 South Broadway is a located in the neighborhood of South Central LA in South LA, Los Angeles.
What is the average sales price for listings in 3435 South Broadway?
The average sales price for units in 3435 South Broadway is $0 currently.

Quantcast