7511 S Broadway, Los Angeles, CA 90003 - Photo 1

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$2,926,000

For Sale
Active
Multi-Family
Updated 11 days ago

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Property Description

7509-7521 S Broadway presents an opportunity to acquire a strong cash flowing asset in South Los Angeles, with achievable value add potential. Offered at just $195 per square foot and 8.99 GRM, the property provides an attractive cost basis for investors seeking both immediate cash flow and has the potential to convert the uncovered parking into multiple ADUs. With SB1211, a buyer can build up to (8) ADUs that can increase value tremendously. (Buyer to Verify feasibility of ADUs). Using conservative construction costs, building out (8) 2-Bed/1-Bath ADUs, the property can operate at a 6.61 GRM and 10.41% Cap Rate, while still achieving upside through unit turns and renovations. Situated along South Broadway, the property benefits from proximity to major transit routes, employment centers, and new development projects reshaping the surrounding neighborhood.

Full Property Details

Full Property Details for 7511 S Broadway

General

Price: $2,926,000
Status: Active
Type: Multi-Family
Source: MRMLS
MLS ID: SB26002050
Updated: 1/5/2026
Days on Market: 12 days
Added to Site: 12 day(s) ago

Rooms

Other Rooms

Laundry: Community

Additional Information

Pool Description: None

Location

Area: C37 - Metropolitan South
County: Los Angeles
Development Name: C37 - Metropolitan South
Driving Directions: East of Vermont Ave and West of Figueroa St

Utilities

Sewer: Public Sewer
Water: Public
# Water Meters: 1
# Gas Meters: 16
# Electric Meters: 16

Structural Information

Entry Location: Front
Square Feet: 15,000
Year Built: 1960

Unit Information

Unit 1

Number of Units: 1
Total Bathrooms: 1

Unit 2

Number of Units: 4
Total Bathrooms: 1
Bedrooms: 1

Unit 3

Number of Units: 4
Total Bathrooms: 1
Bedrooms: 2

Unit 4

Number of Units: 7
Total Bathrooms: 1
Bedrooms: 3

Lot Features

Lot Size (Acres): 0.4364
Lot Size (Sq. Ft.): 19,008
Lot Size Source: Assessor
Lot Description: 0-1 Unit/Acre

Financial Considerations

Price Per Sq. Ft.: $195.07
Price Per Unit: 182875

Listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson

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Listing agent

— 7511 S Broadway —

Aaron Jacobson

Lyon Stahl Investment Real Estate, Inc.

310-729-1559

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NMLS#: 1598647

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Schools

Schools serving 7511 S Broadway

School District:Los Angeles Unified School District

Name	Grades	Distance
Seventy-Fifth Street Elementary School 142 West 75th Street, Los Angeles, CA 90003	K-6	0.2 mi
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003	7-8	0.5 mi
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003	9-12	0.6 mi
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003	9-12	1.2 mi
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001	9-12	1.6 mi
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001	9-12	1.6 mi
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001	9-12	1.6 mi
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7511 S Broadway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/05/2026

Listed

$2,926,000

6.05%

MLS

11/22/2017

Sold

$2,759,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 7511 S Broadway

Year

Property Taxes

Change

Tax Assessment

Change

2025

$40,281

$3,139,266

2023

$38,953

$3,017,367

2022

$37,218

$2,958,203

2021

$36,693

-1%

$2,900,200

2020

$37,040

$2,870,463

2019

$35,638

$2,814,180

2018

$35,158

38%

$2,759,000

39%

2017

$25,521

$1,988,265

2016

$24,776

$1,949,280

2015

$24,430

-6%

$1,920,000

-4%

2014

$26,054

—

$2,005,821

—

2013

$26,056

—

$1,996,757

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 7511 S Broadway

7511 S Broadway, Los Angeles, CA 90003 (MLS# SB26002050) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 7511 S Broadway is currently listed for $2,926,000 and was received on January 05, 2026. Want to learn more about 7511 S Broadway? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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7511 S Broadway Los Angeles, CA 90003