LKV Realty
Logo
$2,526,000
$6,800Reward *
7511 S Broadway, Los Angeles, CA 90003Listing ID SB26002050

7511 S Broadway, Los Angeles, CA 90003

Active
Time on site: 224 daysLast updated: Jun 8, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Square Feet
Square Feet
17,160
Acres
Acres
0.44
Days on Site
Days on Site
223
Year Built
Year Built
1960

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.

Property Information

Property Details

Location

Address
7511 S Broadway
County
Los Angeles
City
Los Angeles
Zip Code
90003
MLS Area
C37 - Metropolitan South

Interior Features

Other Rooms

Laundry Features
Common Area

Building

Building Information

Square Feet
17,160
Year Built
1960

Financial

Special Conditions
Standard
Aaron JacobsonLyon Stahl Investment Real Estate, Inc., (310) 425-9838

Market Report for 90003

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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