7111 S Broadway , Los Angeles, CA 90003

  • $1,800,000
7111 S Broadway , Los Angeles, CA 90003
Active Updated/Remodeled
7111 S Broadway , Los Angeles, CA 90003
7111 S Broadway , Los Angeles, CA 90003
  • $1,800,000

Description

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 2 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.

  • Address 7111 S Broadway
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90003
  • Country US

Details

Updated on March 28, 2025 at 12:25 am
  • Property ID: PW25067457
  • Price: $1,800,000
  • Land Area: 0.1089 Acres
  • Bedrooms: 5
  • Bathrooms: 9
  • Garage Size: x x
  • Year Built: 1902
  • Property Type: Mixed Use, Residential
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA No No Loan
  • Roof: Flat
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Flooring: Vinyl
  • County: Los Angeles
  • Property Type: Residential
  • Pool: None
  • Parking: On Street
  • Community Features: Urban

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