7111 S Broadway Los Angeles, CA 90003
Multi-Family (2-4 Units)
MLS #: PW25046864
Courtesy Of HomeSmart Realty Group
$1,800,000
6 beds
|
9 baths
|
4,745 sq ft
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Estimated monthly payments:
$7,868/mo.* (recalculate)
Property InformationDescription
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. 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.
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.
Features
- Age: Over 50 Years Old
- Appliances: Oven - Gas, Refrigerator
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Exterior Type: Concrete, Stucco
- Floor Covering: Vinyl
- Rooms: Family Room, Kitchen, Living Room
MAP & DIRECTIONS
School Information
7111 S Broadway, Los Angeles, CA 90003
Elementary School
Grades KG-6 |
Public School
GIL GARCETTI LEARNING ACADEMY
Los Angeles, CA 90044
612 W 68th St
323.753.2133
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
21:1
Total Students
645
Middle School
Grades 7-8 |
Public School
BETHUNE MIDDLE SCHOOL
Los Angeles, CA 90003
155 W 69th St
323.541.1800
Distance: 0.3 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
997
High School
Grades 9-12 |
Public School
COMMUNICATION & TECHNOLOGY SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.846.2118
Distance: 1.4 mi
School Rating
C-
Student:Teacher Ratio
23:1
Total Students
514
High School
Grades 9-12 |
Public School
DYMALLY HIGH SCHOOL
Los Angeles, CA 90003
8800 S San Pedro St
323.565.4600
Distance: 1.4 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
672
High School
Grades 9-12 |
Public School
JOHN C. FREMONT HIGH SCHOOL
Los Angeles, CA 90003
7676 S San Pedro St
323.565.1200
Distance: 0.7 mi
School Rating
D+
Student:Teacher Ratio
21:1
Total Students
2014
High School
Grades 9-12 |
Public School
PUBLIC SERVICE COMMUNITY HIGH SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.846.2128
Distance: 1.4 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
536
High School
Grades 9-12 |
Public School
GREEN DESIGN STEAM ACADEMY - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.846.2108
Distance: 1.4 mi
School Rating
B
Student:Teacher Ratio
21:1
Total Students
600
High School
Grades 9-12 |
Public School
PERFORMING ARTS COMMUNITY SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.846.2136
Distance: 1.4 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
512
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| 75th Street Elementary School | 0.3 mi | Public | KG-6 | D+ |
| St Columbkille Elementary School | 0.5 mi | Private | KG-8 | |
| 66th Street Elementary School | 0.6 mi | Public | KG-6 | B- |
| 61st Street Elementary School | 0.7 mi | Public | KG-6 | C |
| St Raphael Elementary School | 0.7 mi | Private | PK-8 | |
| Aspire Slauson Academy | 0.7 mi | Public | KG-6 | |
| Aspire Inskeep Academy | 0.7 mi | Public | KG-6 | |
| Aspire Juanita Tate Academy | 0.7 mi | Public | KG-6 | |
| Loren Miller Elementary School | 0.7 mi | Public | KG-6 | C |
| Gerald A. Lawson Academy | 0.7 mi | Public | KG-6 | D |
| John Hope Continuation | 0.8 mi | Public | 9-12 | D- |
| Aspire Slauson Academy Charter | 0.9 mi | Public | KG-6 | C- |
| Aspire Juanita Tate Academy Charter | 0.9 mi | Public | KG-6 | B |
| Aspire Inskeep Academy Charter | 0.9 mi | Public | KG-6 | B |
| Kipp Empower Academy | 0.9 mi | Public | KG-4 | B |
| Augustus F. Hawkins High School - Community Health Advocates | 0.9 mi | Public | 9-12 | F |
| Augustus F. Hawkins High School - Critical Design And Gaming | 0.9 mi | Public | 9-12 | D- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90003
| Median Age: | 31.2 |
|---|---|
| Married: | 37% |
| Number of Households: | 16,439 |
| Households with Children: | 55.5% |
Los Angeles, CA 90003
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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