7511 S Broadway, Los Angeles, CA 90003
7511 S Broadway, Los Angeles, CA 90003
7511 S Broadway, Los Angeles, CA 90003
7511 S Broadway, Los Angeles, CA 90003
7511 S Broadway, Los Angeles, CA 90003
7511 S Broadway, Los Angeles, CA 90003
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Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.
$ 2,526,000
Est. payment | /mo

0.44 Acres Lot


Save
$ 2,526,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26002050

Year Built 1960

Lot Size 0.436 Acres

Source California Regional MLS

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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Laundry Community Facility

Exterior

Garage Spaces 20.0

Pool None

Building

Water District - Public

Others

Tax ID 6031010030

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

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Sam Spinella
Sam Spinella

Your Trusted Real Estate Guy | License ID: 01377658

+1(408) 393-9294 | sam@spinellagroup.com

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7511 S Broadway