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.
Property Details
Price:
$1,800,000
MLS #:
PW25067457
Status:
Active
Beds:
5
Baths:
9
Address:
7111 S Broadway
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Mar 11, 2025
State:
CA
Finished Sq Ft:
4,745
ZIP:
90003
Lot Size:
4,745 sqft / 0.11 acres (approx)
Year Built:
1902
Schools
School District:
Los Angeles Unified
Interior
Appliances
Gas Oven, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Vinyl
Exterior
Community Features
Urban
Fencing
Electric
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Roof
Flat
Security Features
Automatic Gate, Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address7111 S Broadway Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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7111 S Broadway
Los Angeles, CA
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