$2,826,000
7511 S Broadway
Los Angeles, CA, 90003
Property Description
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 $188 per square foot and 8.80 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 6.48 GRM and 10.61% 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.
potential. Offered at just $188 per square foot and 8.80 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 6.48 GRM and 10.61% 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.
Property Details
Price:
$2,826,000
MLS #:
SB26002050
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c37metropolitansouth
Listed Date:
Jan 5, 2026
Total Sq Ft:
15,000
Lot Size:
19,008 sqft / 0.44 acres (approx)
Year Built:
1960
Schools
Interior
Laundry Features
CM
Exterior
Common Walls
NCW
Community Features
SDW, SUB, URB, CRB
Parking Spots
20
Parking Total
20
Financial
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 7511 S Broadway
Los Angeles, CA
