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$1,525,000
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Property Description
16-unit multifamily property located just four blocks from Exposition Park and a half-mile from the University of Southern California (USC). The unit mix consists of eight 2-bedroom / 1-bath and eight 1-bedroom / 1-bath apartments, many featuring hardwood floors and individual water heaters. Extensive capital improvements have been completed, including: * 100% copper plumbing * ABS drain lines * Romex electrical wiring and panel upgrades * New roof (2018) * Newer stucco and dual-pane windows. Positioned in one of Los Angeles' most dynamic infill locations, the property is located a few blocks from Exposition Park, the Coliseum, USC Village, and Downtown Los Angeles employment centers. The surrounding neighborhood offers strong rental demand from both students and workforce tenants. Located within a Qualified Opportunity Zone, 3806 S. Broadway also presents potential long-term tax advantages for investors holding the property for 7 to 10 years. Offered at a 6.6% cap rate and 8.4x gross, the asset represents an opportunity to acquire a stabilized, extensively renovated apartment building with strong upside potential in a high-density, supply-constrained Los Angeles submarket.
Full Property Details
Full Property Details for 3806 S Broadway
General
- Sold For: $1,525,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25610569
- Added to Site: 152 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 24
Additional Information
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: East of 110 Freeway, west of Main St., north of MLK Blvd., south of Jefferson Blvd.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 9,616
- Sq. Ft. Source: Assessor
- Year Built: 1916
- Year Built Source: Assessor
Unit Information
- Units in Complex: 16
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1895
- Lot Size: 8255
- Lot Size Source: Assessor
- Zoning: LAM1
Financial Considerations
- Price Per Sq. Ft.: $228.79
- Assessment Year: 1916
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5122-039-020
Listed and Sold by Kidder Mathews of California, Inc., Darin Spillman
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Schools
Schools serving 3806 S Broadway
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Maple Primary Center 3601 Maple Avenue, Los Angeles, CA 90011 | PK-1 | 0.4 mi |
Trinity Street Elementary School 3736 Trinity Street, Los Angeles, CA 90011 | 2-5 | 0.5 mi |
William Jefferson Clinton Middle School 3500 South Hill Street, Los Angeles, CA 90007 | 6-8 | 0.3 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3806 S Broadway
Date
Details
Price
Change
Source
2/05/2026
Sold
$1,525,000
-30.68%
MLS
10/23/2025
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3806 S Broadway, Los Angeles, CA 90037 (MLS# 25610569) is a Multi-Family property that was sold at $1,525,000 on February 05, 2026. Want to learn more about 3806 S Broadway? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

