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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

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    $7,132/mo

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    $7,132/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 27, 2025 at 05:25pm

    Source: CRMLS,MLS#: PW25067457MLS LogoOriginating 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