This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to ensure long-term value and minimal maintenance. Extensive improvements include a fully replaced plumbing system, new electrical panels with complete rewiring for both residential and commercial spaces, and main sewer lines replaced from the street to the units. The interior features all-new drywall throughout, along with new tankless water heaters and two brand-new roofs. The exterior has been enhanced with new stucco, windows, gutters, and freshly poured concrete in the back area. Residential units include: 3 bedroom 2 bath, 2 bed 2 bath, a studio and a bonus un-permitted studio. Each unit has washer and dryer inside. All three residential apartments have been fully remodeled, as well as the three commercial units, with one space divided into two separate units. The property generates strong rental income and with significant upgrades already completed, this property is a rare opportunity for investors seeking a high-income, low-maintenance asset.
Sold for $1,150,000 on 10/07/25
$1,150,000
7111 South Broadway, Los Angeles, CA 90003
5beds
4,745sqft
Mixed Use
Built in 1902
4,745 Square Feet Lot
$-- Zestimate®
$242/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 27, 2025 at 05:25pm
Source: CRMLS,MLS#: PW25067457
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 9
- Full bathrooms: 1
- 3/4 bathrooms: 4
- 1/2 bathrooms: 4
- Main level bathrooms: 5
- Main level bedrooms: 1
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Refrigerator
- Laundry: Inside
Features
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 4,745 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Electric
- Has view: Yes
- View description: None
Lot
- Size: 4,745 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6012012044
- Zoning: LAC2
- Special conditions: Notice Of Default
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Drywall, Concrete, Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Gate, Smoke Detector(s)
Community
- Community features: Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA No No Loan
- Road surface type: Paved