MLS #SB26002050

7511 Broadway

Los Angeles, CA 90003

List Price$2,526,000
19,008Lot Sq Ft

Property Description

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 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.