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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$2,526,000
Est. payment /mo
17,160 SqFt
Price Dropped by $300K
7511 South Broadway Los Angeles, CA 90003
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 17,160 sqft
Price per Sqft $147
MLS Listing ID SB-26002050
Year Built 1960
Lot Size 0.436 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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, significantly
increasing both income and overall asset value.
Based on conservative assumptions, a fully executed
ADU strategy could drive the property to a 5.96 GRM
and an 11.36% cap rate.
Positioned along the South Broadway corridor, the
asset benefits from consistent rental demand, access
to major transit routes, and ongoing investment
throughout South Los Angeles, supporting both near-
term performance and long-term appreciation.
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, significantly
increasing both income and overall asset value.
Based on conservative assumptions, a fully executed
ADU strategy could drive the property to a 5.96 GRM
and an 11.36% cap rate.
Positioned along the South Broadway corridor, the
asset benefits from consistent rental demand, access
to major transit routes, and ongoing investment
throughout South Los Angeles, supporting both near-
term performance and long-term appreciation.
Location
State CA
County Los Angeles
Area Metropolitan South
Interior
Laundry Community
Exterior
Pool None
Community Features Curbs, Sidewalks, Suburban, Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
NEARBY SCHOOL & BUSINESS
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