7511 S Broadway
Los Angeles, CA 90003
0
Bed
0
Bath
17,160Sqft
19,008Sqft(Lot)
7509–7521 S Broadway presents an opportunity to acquire a high-yielding asset in South Los Angeles at a newly adjusted basis that is difficult to replicate in today’s market. Offered at just $147 per square foot and $157,875 per unit, the property delivers a strong 7.35% cap rate and 7.87 GRM from day one, providing immediate cash flow with clear upside potential. The revised pricing creates a compelling entry point for investors seeking both stability and long-term growth in a market where well-priced deals are getting real traction. Beyond the in-place income, the property offers a clear path to further value creation through the potential addition of ADUs. With SB1211, a buyer can explore the opportunity to add up to eight units by utilizing the existing parking area, sig
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1960 Building Area Total: 17,160 -
Pool Features
NoneLaundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4364 -
Lot Size Source: Assessor Lot Size Square Feet: 19008
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Listing Price Information
Original List Price: 2,526,000 Listing Contract Date: 2026-01-05 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6031010030
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Other Property Info
Source Listing Status: Active Source Neighborhood: C37 - Metropolitan South Directions: East of Vermont Ave and West of Figueroa St Source Property Type: Residential Income Area: C37 - Metropolitan South Property SubType: Apartment -
Building and Construction
Property Age: 66 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10606 Avalon Boulevard, Los Angeles, CA, 90003 | $975,000 | -- | -- | 3,645 | 3,645 SqFt |
| 6325 S Figueroa Street, Los Angeles, CA, 90003 | $1,750,000 | -- | -- | 6,600 | 6,600 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 03:35
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