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(323) 864-4211
Linda Roth Burrell
3806 S Broadway, Los Angeles, CA 90037
- $1,525,000
- 24
- BD
- 16
- BA
- 9,616
- SqFt
- Sold Price
- $1,525,000
- List Price
- $2,200,000
- Closing Date
- Feb 05, 2026
- MLS#
- 25610569
- Year Built
- 1916
- Bedrooms
- 24
- Bathrooms
- 16
- Living Sq. Ft
- 9,616
- Lot Size
- 8,255
- Days on Market
- 36
- Property Type
- Multifamily
- Stories
- 2
Property Description
16-unit multifamily property located just four blocks from Exposition Park and a half-mile from the University of Southern California (USC). The unit mix consists of eight 2-bedroom / 1-bath and eight 1-bedroom / 1-bath apartments, many featuring hardwood floors and individual water heaters. Extensive capital improvements have been completed, including: * 100% copper plumbing * ABS drain lines * Romex electrical wiring and panel upgrades * New roof (2018) * Newer stucco and dual-pane windows. Positioned in one of Los Angeles' most dynamic infill locations, the property is located a few blocks from Exposition Park, the Coliseum, USC Village, and Downtown Los Angeles employment centers. The surrounding neighborhood offers strong rental demand from both students and workforce tenants. Located within a Qualified Opportunity Zone, 3806 S. Broadway also presents potential long-term tax advantages for investors holding the property for 7 to 10 years. Offered at a 6.6% cap rate and 8.4x gross, the asset represents an opportunity to acquire a stabilized, extensively renovated apartment building with strong upside potential in a high-density, supply-constrained Los Angeles submarket.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Uncovered
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Courtesy of Kidder Mathews of California, Inc., Darin Spillman - CA DRE#01366902 Selling Office: .
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