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Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.
$ 2,526,000
Est. payment /mo
Price Dropped by $300K
7511 S Broadway Los Angeles, CA 90003
0.44 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26002050
Year Built 1960
Lot Size 0.436 Acres
Source California Regional MLS
Property Description
7509-7521 S Broadway presents an opportunity to acquire a high-yielding asset in South Los Angeles at a newly adjusted basis that is difficult to replicate in today's market. Offered at just $147 per square foot and $157,875 per unit, the property delivers a strong 7.35% cap rate and 7.87 GRM from day one, providing immediate cash flow with clear upside potential. The revised pricing creates a compelling entry point for investors seeking both stability and long-term growth in a market where well-priced deals are getting real traction. Beyond the in-place income, the property offers a clear path to further value creation through the potential addition of ADUs. With SB1211, a buyer can explore the opportunity to add up to eight units by utilizing the existing parking area, significantly increasing both income and overall asset value. Based on conservative assumptions, a fully executed ADU strategy could drive the property to a 5.96 GRM and an 11.36% cap rate. Positioned along the South Broadway corridor, the asset benefits from consistent rental demand, access to major transit routes, and ongoing investment throughout South Los Angeles, supporting both near- term performance and long-term appreciation.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Laundry Community Facility
Exterior
Garage Spaces 20.0
Pool None
Building
Water District - Public
Others
Tax ID 6031010030
Special Listing Condition Not Applicable
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