Multifamily Property with ADU
For Sale
Contact for pricing
7511 S Broadway, Los Angeles, CA 90003
For sale multifamily asset with in-place income and potential to add up to eight units via SB 1211.
Property SizeContact for details
Days on Market243
Property Features for 7511 S Broadway
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
1
Units
16
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Aaron Jacobson · License #02100737
(310) 729-1559
Source:
Crexi
Added: Jan 6
Changed: Aug 8
Last Checked: Jul 23 at 2:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
7511 S Broadway presents a multifamily property for sale with in-place income and an identified pathway to additional units. The offering is listed at $2,926,000, with remarks citing a 7.35% cap rate and 7.87 GRM from day one based on the current performance.
Beyond the existing configuration, the property is described as having potential for an ADU strategy under SB 1211. Remarks indicate the possibility of adding up to eight units by utilizing the existing parking area, which the seller projects could shift the stabilized metrics to a 5.96 GRM and an 11.36% cap rate on a fully executed ADU plan.
The property is positioned along the South Broadway corridor, with described access to major transit routes and ongoing investment in the surrounding South Los Angeles area supporting rental demand and long-term appreciation.
Beyond the existing configuration, the property is described as having potential for an ADU strategy under SB 1211. Remarks indicate the possibility of adding up to eight units by utilizing the existing parking area, which the seller projects could shift the stabilized metrics to a 5.96 GRM and an 11.36% cap rate on a fully executed ADU plan.
The property is positioned along the South Broadway corridor, with described access to major transit routes and ongoing investment in the surrounding South Los Angeles area supporting rental demand and long-term appreciation.
Key Highlights
- Multifamily asset at 75097521 S Broadway in South Los Angeles
- Pricing at $147 per square foot and $157,875 per unit
- In‑place income with a 7.35% cap rate and 7.87 GRM from day one
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,364
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale multifamily asset with in-place income and potential to add up to eight units via SB 1211.
Where is this apartment building located?
The property is located at 7511 S Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,926,000.
What are key features of this property?
This property features: Multifamily asset at 75097521 S Broadway in South Los Angeles; Pricing at $147 per square foot and $157,875 per unit; In‑place income with a 7.35% cap rate and 7.87 GRM from day one
