Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
$2,526,000
7509–7521 S Broadway presents an opportunity to
acquire a high-yielding asset in South Los Angeles at
a newly adjusted basis that is difficult to replicate in
today’s market.
Offered at just $147 per square foot and $157,875 per
unit, the property delivers a strong 7.35% cap rate and
7.87 GRM from day one, providing immediate cash
flow… Read More with clear upside potential. The revised pricing
creates a compelling entry point for investors seeking
both stability and long-term growth in a market
where well-priced deals are getting real traction.
Beyond the in-place income, the property offers a
clear path to further value creation through the
potential addition of ADUs. With SB1211, a buyer can
explore the opportunity to add up to eight units by
utilizing the existing parking area, significantly
increasing both income and overall asset value.
Based on conservative assumptions, a fully executed
ADU strategy could drive the property to a 5.96 GRM
and an 11.36% cap rate.
Positioned along the South Broadway corridor, the
asset benefits from consistent rental demand, access
to major transit routes, and ongoing investment
throughout South Los Angeles, supporting both near-
term performance and long-term appreciation. Read Less
Listing Snapshot
Days Online
115
Last Updated
Property Type
Apartment
Lot Size
0.44 Acres
Year Built
1960
MLS Number
SB26002050
Additional Details
Building
Built in 1960, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $125,786
Income
Gross Income: $321,106, Gross ScheduledIncome: $321,107, Net Operating Income: $185,687
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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