6501 South Broadway

The Mogharebi Group is pleased to present the opportunity to acquire 6501 South Broadway, a 51-unit community located in Los Angeles, CA. This newly constructed asset features a diverse unit mix of studio, one bedroom, and two bedroom floorplans that range between 400 and 810 square feet. The property sits as a prime candidate for various affordable covenants and their subsequent benefits, these include potential property tax welfare exemption, Section 8 vouchers, and participation in the PATH program, a program specific to newly constructed projects aimed at securing housing for the homeless. Additionally, more benefits can be found when considering the property’s location, 6501 South Broadway sits just off Interstate 110 and is surrounded by several Metro Local lines, all within walking distance. Easy access to public transportation is a key factor when considering participation in the PATH program (Projects for Assistance in Transition from Homelessness).