1/67
Listed By:
Home Smart Realty Group, 562-256-5779, Shannon Daniele
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
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7111 S Broadway, Los Angeles, CA 90003
7111 S Broadway, Los Angeles, CA 90003
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For Sale
Property 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 1 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
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Overview
Property Type
Mixed Use
Property Size
Year Built
1902
Days on Site
14 Days
HVAC
Wall/Window Unit(s)
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$1,800,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/12/2025
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.75% )
Land 415,606 +
Additions 410,804
2022
(+1.2% )
Land 477,874 +
Additions 318,536
2021
(+88.47% )
Land 477,874 +
Additions 318,536
2019
(+7,865.19% )
Land 472,974 +
Additions 314,874
2017
Land 17,504 +
Additions 21,310
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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