3806 S Broadway
Los Angeles, CA, 90037
$2,200,000
24 Beds
16 Baths
9,616 SqFt
0.19 Acres
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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.

Property Details

Price:
$2,200,000
MLS #:
25610569
Status:
Pending
Beds:
24
Baths:
16
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Oct 24, 2025
Finished Sq Ft:
9,616
Total Sq Ft:
9,616
Lot Size:
8,255 sqft / 0.19 acres (approx)
Year Built:
1916
C42 – Downtown L.a.C42downtownla

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Schools

Interior

Cooling
NO
Heating
WL

Exterior

Parking Spots
8

Financial

Gross Operating Income
$261,612
Net Operating Income
$145,450

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Dec 06, 2025
2,104
Single Family Listed
83
Avg DOM
989
Avg $ / SqFt
$1,668,098
Avg List Price

Property Summary

    3806 S Broadway Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $2,200,000 and features 24 beds, 16 baths, and has approximately 9,616 square feet of living space, and was originally constructed in 1916. The current price per square foot is $229. The average price per square foot for Single Family listings in Los Angeles is $989. The average listing price for Single Family in Los Angeles is $1,668,098.

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