7111 S Broadway
Los Angeles, CA 90003
- – beds
- – baths
- – sqft
- 4,745 sqft lot
- 1902 build
- – on site
This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to ensure long-term value and minimal maintenance. Extensive improvements include a fully replaced plumbing system, new electrical panels with complete rewiring for both residential and commercial spaces, and main sewer lines replaced from the street to the units. The interior features all-new drywall throughout, along with new tankless water heaters and two brand-new roofs. The exterior has been enhanced with new stucco, windows, gutters, and freshly poured concrete in the back area. Residential units include: 3 bedroom 2 bath, 2 bed 1 bath, a studio and a bonus un-permitted studio. Each unit has washer and dryer inside. All three residential apartments have been fully remodeled, as well as the three commercial units, with one space divided into two separate units. The property generates strong rental income and with significant upgrades already completed, this property is a rare opportunity for investors seeking a high-income, low-maintenance asset.
Last checked:
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Last updated Mar 13, 2025
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MLS# PW25046864 —
The Building
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Year Built:1902
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Concrete, Drywall Walls, Stucco
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Building Area Total:4745.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:1
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Roof:Flat
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Foundation:Slab
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Levels:Two
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Entry Location:1
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Flooring:Vinyl
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Room Type:Entry, Family Room, Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:110 Freeway and Florence
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Latitude:33.97518900
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Longitude:-118.27865400
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Property Condition:Updated/Remodeled
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Zoning:LAC2
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Lot Features:0-1 Unit/Acre
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Lot Size Area:4745.0000
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Lot Size Acres:0.1089
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Lot Size SqFt:4745.00
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Lot Size Source:Assessor
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View:None
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Fencing:Electric
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Fence:Yes
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Security Features:Automatic Gate, Smoke Detector(s)
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2393.10
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Tax Tract:6
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Tax Lot:64
The Listing
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Special Listing Conditions:Notice Of Default
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Parcel Number:6012012044
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Oven, Refrigerator
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Included:Yes
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking:No
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Parking:Street
Extra Units
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Average 2 Bed Area:944
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Average 3 Bed Area:1054
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Average Studio Area:777
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/12/25
Mar 12, 2025
|
Listed / Active | CRMLS_CA | $1,800,000 |