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Sold for $1,525,000
  • $1,525,000

    3806 S Broadway, Los Angeles, CA 90037

    24beds
    16baths
    9,616sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $1,528,600 Zestimate®
    $159/sqft
    $2,260 Estimated rent

    Home value

    $1,528,600

    $1.39M - $1.68M

    $2,260/mo

    Zestimate® history
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    $2,260/mo

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    $6,447/mo

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    What's special

    New roofNewer stuccoHardwood floorsIndividual water heatersDual-pane windows
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Darin Spillman DRE # 01366902 310-592-8269,

    Kidder Mathews of California, Inc. 310-312-1800

    Bought with:

    Darin Spillman, DRE # 01366902

    Kidder Mathews of California, Inc.

    Source: CLAW,MLS#: 25610569MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 16
    Heating
    • Wall
    Cooling
    • None
    Interior area
    • Total structure area: 9,616
    • Total interior livable area: 9,616 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 2
    Lot
    • Size: 8,254 Square Feet
    Details
    • Additional structures: None
    • Zoning: LAM1
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1916

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $2,150,493
    • Date on market: 10/24/2025

    Price history

    DateEventPrice
    2/5/2026Sold$1,525,000-30.7%$159/sqft
    Source: CLAW #25610569 Report a problem
    12/1/2025Pending sale$2,200,000$229/sqft
    Source: CLAW #25610569 Report a problem
    10/24/2025Listed for sale$2,200,000+16.4%$229/sqft
    Source: CLAW #25610569 Report a problem
    7/18/2016Listing removed$1,890,000$197/sqft
    Source: Marcus & Millichap #15954701 Report a problem
    5/21/2016Pending sale$1,890,000$197/sqft
    Source: Marcus & Millichap #15954701 Report a problem
    5/21/2016Listed for sale$1,890,000-8.2%$197/sqft
    Source: Marcus & Millichap #15954701 Report a problem
    1/9/2016Listing removed$2,059,000$214/sqft
    Source: Marcus & Millichap #15954701 Report a problem
    10/29/2015Listed for sale$2,059,000$214/sqft
    Source: Marcus & Millichap #15954701 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,528,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,528,600