7511 S Broadway Los Angeles, CA $ 2,926,000
7511 S Broadway
$ 2,926,000
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7511 S Broadway

Los Angeles, CA, 90003
$ 2,926,000
Baths1.0 Sq 15,000

Monthly Estimate*

$ 18,016

Listed by Lyon Stahl Investment Real Estate, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,926,000 with 1 full bath. This 15,000 square foot home was built in 1960 on a lot size of 0.4364.

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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Multi-Family Active

Price

$ 2,926,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4364

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26002050

Days on Market

52

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1960
Property Subtype Apartment
Gross Income 325634
Community Features Curbs Suburban Sidewalks Urban
County Los Angeles
Net Operating Income 178179
Operating Expense 137686
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of Vermont Ave and West of Figueroa St
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 20
Number Of Units Total 16
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 19008
Listing Terms Cash Cash to New Loan Conventional Contract
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 48
Property Sub Type Additional Apartment
Cap Rate 6.09
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 20
Lot Size Area 19008
Number of Buildings 1
Building Area Total 15000
Lot Size Acres 0.4364
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 16
Number of Separate Electric Meters 16
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

aaron@lyonstahl.com

Email

Affordability Calculator

$18,016
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,016
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$2,926,000 Listed Price

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7511 S Broadway, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $2,926,000 with 15,000 sqft and a lot size of 0.4364. 7511 S Broadway is a studio with 1.0 baths and was built in 1960. The property's zip code is 90003 which is in Los Angeles, CA