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943 Broad Ave
For Sale $1,899,000 ($384.96 per Sq Ft)
$1,899,000 ($384.96 per Sq Ft)
- 15 Bedrooms
- 9.00 Bathrooms
- 4,933 Sq Ft
- 7,776 Sq Ft
Description
Excellent investment opportunity to own a modern triplex built in 2019, boasting an impressive cap rate of over 6%. Notably, this property is NOT subject to rent control (AB 1482 exempt), providing a significant advantage for future rental upside and investment flexibility. This expansive 5,100 sq. ft. property consists of three spacious units, each featuring 5 bedrooms and 3 full bathrooms with bright, open floor plans. The interiors are finished with premium granite countertops, durable tile flooring in the living areas, and stylish laminate in all bedrooms. Designed for low-overhead management, each unit is separately metered for water, electricity, and gas, significantly minimizing owner maintenance expenses. Residents will enjoy private balconies with outside views, individual laundry areas, and a private, intimate green backyard for the detached unit. The property is fully gated and secured with metal screen doors, providing peace of mind and six designated parking spots. This is a rare, turn-key asset perfect for any serious investor's portfolio.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,899,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 4,933 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2019 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7423005035 |
| MLS # | 26723747 |
| Property ID | 322754677 |
| Lot Sqft | 7,776 |
| Zoning | LAR3 |
| Total Units | 3 |
| Days on Market | 21 |
| Original List Price | $1,899,000 |
| Date Updated | May 01, 2026 |
| Date Created | April 14, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 5 | 3.00 | $4,490 | $5,000 |
| Unit #2 | 5 | 3.00 | $4,545 | $5,000 |
| Unit #3 | 5 | 3.00 | $4,995 | $5,000 |
| Gross Income (Yr) | $ 168,360 |
| Operating Expenses | $ 42,903 |
| Net Income (Yr) | $ 125,457 |
| Cap Rate | 6.61% |
Listing Provided By
Koeun Hwang an agent of Urban Real Estate, Inc.. Lic #01718399
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