3806 Broadway, Los Angeles CA 90037 | $2,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8255 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1916
  • MLS#: 25610569
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Darin Spillman of Kidder Mathews of California, Inc.. Last updated 2025-11-09 09:11:34.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.19 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985