7111 S Broadway Los Angeles, CA 90003

5 Beds
5 full, 4 half Baths
4,745 Sqft
4,743 Sqft lot
0.11 Acre lot
Status: Active
Property Type: Mixed Use
Year Built: 1902
Days on Website: 32

Property listed by Home Smart Realty Group, Shannon Daniele 562-256-5779

Description

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.

Open House

Property Details and Features

  • Road frontage type: CityStreet
  • Road surface type: Paved
  • GasOven
  • Refrigerator
  • 4 half bathrooms
  • 4 three quarter bathrooms
  • 5 main level bathrooms
  • 1 full bathroom
  • 9 total bathrooms
  • 1 main level bedroom
  • 5 total bedrooms
  • Built in 1902
  • Levels: Two
  • Living area: 4745
  • 2 stories
  • Architectural style: ,Attached
  • Common walls: OneCommonWall
  • Construction materials: Drywall,Concrete,Stucco
  • Urban
  • WallWindowUnits
  • Electric
  • None
  • Vinyl
  • Inside
  • ListingID: PW25067457
  • Standard status: Active
  • Country: US
  • 0.1089 acres
  • 4,745 square feet
  • Size: 4,745
  • ZeroToOneUnitAcre
  • OnStreet
  • None
  • CloseOfEscrow
  • Zoning: LAC2
  • None
  • Flat
  • SecurityGate
  • SmokeDetectors
  • PublicSewer
  • None