7511 S Broadway, Los Angeles, CA 90003
Local realty services provided by:CENTURY 21 Affiliated
7511 S Broadway,Los Angeles, CA 90003
$2,926,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26002050
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,926,000
About this home
75097521 S Broadway presents an opportunity to acquire a strong cash flowing asset in South Los Angeles, with achievable value add potential. Offered at just $195 per square foot and 8.99 GRM, the property provides an attractive cost basis for investors seeking both immediate cash flow and has the potential to convert the uncovered parking into multiple ADUs. With SB1211, a buyer can build up to (8) ADUs that can increase value tremendously. (Buyer to Verify feasibility of ADUs). Using conservative construction costs, building out (8) 2-Bed/1-Bath ADUs, the property can operate at a 6.61 GRM and 10.41% Cap Rate, while still achieving upside through unit turns and renovations. Situated along South Broadway, the property benefits from proximity to major transit routes, employment centers, and new development projects reshaping the surrounding neighborhood.
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Home facts
- Listing ID #:SB26002050
- Added:55 day(s) ago
- Updated:March 02, 2026 at 03:06 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$2,926,000
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