3806 S Broadway, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
3806 S Broadway,Los Angeles, CA 90037
$1,525,000
- 24 Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: darin spillman
Office: kidder mathews of california, inc.310-312-1800
MLS#:25610569
Source:CRMLS
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Price summary
- Price:$1,525,000
About this home
16-unit multifamily property located just four blocks from Exposition Park and a half-mile from the University of Southern California (USC). The unit mix consists of eight 2-bedroom / 1-bath and eight 1-bedroom / 1-bath apartments, many featuring hardwood floors and individual water heaters. Extensive capital improvements have been completed, including: * 100% copper plumbing * ABS drain lines * Romex electrical wiring and panel upgrades * New roof (2018) * Newer stucco and dual-pane windows. Positioned in one of Los Angeles' most dynamic infill locations, the property is located a few blocks from Exposition Park, the Coliseum, USC Village, and Downtown Los Angeles employment centers. The surrounding neighborhood offers strong rental demand from both students and workforce tenants. Located within a Qualified Opportunity Zone, 3806 S. Broadway also presents potential long-term tax advantages for investors holding the property for 7 to 10 years. Offered at a 6.6% cap rate and 8.4x gross, the asset represents an opportunity to acquire a stabilized, extensively renovated apartment building with strong upside potential in a high-density, supply-constrained Los Angeles submarket....
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Home facts
- Year built:1916
- Listing ID #:25610569
- Added:182 day(s) ago
- Updated:April 25, 2026 at 06:35 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:16
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1916
- Levels:1 Story
Finances and disclosures
- Price:$1,525,000
Parking
- Total parking spaces:8
- Parking description:Uncovered
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