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7111 S Broadway, Los Angeles, CA 90003

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For Sale

$1,800,000

6 beds • 8 baths • 1 half baths • 4,745 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $379.35
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to ensure long-term value and minimal maintenance. Extensive improvements include a fully replaced plumbing system, new electrical panels with complete rewiring for both residential and commercial spaces, and main sewer lines replaced from the street to the units. The interior features all-new drywall throughout, along with new tankless water heaters and two brand-new roofs. The exterior has been enhanced with new stucco, windows, gutters, and freshly poured concrete in the back area. All three residential apartments have been fully remodeled, as well as the three commercial units, with one space divided into two separate units. The property generates strong rental income and with significant upgrades already completed, this property is a rare opportunity for investors seeking a high-income, low-maintenance asset.
MLS# PW25046864

Courtesy Of HomeSmart Realty Group

(562) 912-7770

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven - Gas, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Concrete, Stucco
  • Floor Covering
    Vinyl
  • Rooms
    Family Room, Kitchen, Living Room

Map and Directions

Directions to 7111 S Broadway, Los Angeles, CA 90003

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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