7511 S Broadway, Los Angeles, CA 90003
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
7511 S Broadway,Los Angeles, CA 90003
$2,926,000
- - Beds
- - Baths
- 15,000 sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26002050
Source:CRMLS
Price summary
- Price:$2,926,000
- Price per sq. ft.:$195.07
About this home
7509–7521 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
- Year built:1960
- Listing ID #:SB26002050
- Added:17 day(s) ago
- Updated:January 23, 2026 at 11:37 AM
Rooms and interior
- Living area:15,000 sq. ft.
Structure and exterior
- Year built:1960
- Building area:15,000 sq. ft.
- Lot area:0.44 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,926,000
- Price per sq. ft.:$195.07
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