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.
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.
Property Details
Price:
$2,926,000
MLS #:
SB26002050
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c37metropolitansouth
Listed Date:
Jan 5, 2026
Total Sq Ft:
15,000
Lot Size:
19,008 sqft / 0.44 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Laundry Features
CM
Exterior
Community Features
SDW, SUB, URB, CRB
Parking Spots
20
Financial
Map
Community
- Address7511 S Broadway Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 14, 2026
7,202
Single Family Listed
87
Avg DOM
510
Avg $ / SqFt
$1,492,002
Avg List Price
Property Summary
- 7511 S Broadway Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90003. It is listed for $2,926,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,492,002.
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.7511 S Broadway
Los Angeles, CA