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Sold for $1,150,000
  • $1,150,000

    7111 South Broadway, Los Angeles, CA 90003

    --beds
    --baths
    4,745sqft
    Other
    Built in 1902
    4,745 Acres Lot
    $1,476,700 Zestimate®
    $242/sqft
    $3,690 Estimated rent

    Home value

    $1,476,700

    $1.28M - $1.71M

    $3,690/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Source: HomeSmart,MLS#: PW25046864MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 4,745
    • Total interior livable area: 4,745 sqft

    Property

    Lot
    • Size: 4,745 Acres
    Details
    • Parcel number: 6012012044

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1902

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $242/sqft
    • Tax assessed value: $859,780
    • Annual tax amount: $11,060
    • Date on market: 7/2/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/7/2025Sold$1,150,000-36.1%$242/sqft
    Source: Public Record Report a problem
    7/7/2025Listing removed$1,800,000$379/sqft
    Source: HomeSmart #PW25046864 Report a problem
    7/2/2025Listed for sale$1,800,000$379/sqft
    Source: HomeSmart #PW25046864 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,060 +2.4%$859,780 +2%
    2024$10,796 +1.9%$842,930 +2%
    2023$10,595 +4.7%$826,410 +2%
    2022$10,117 +1.2%$810,214 +1.7%
    2021$9,997 -0.9%$796,410 +1%
    2020$10,091 $788,248 +98.1%
    2019$10,091 +917%$397,962 +895.2%
    2018$992 $39,990 +3%
    2017$992 +1.4%$38,814 +2%
    2016$978 +9.1%$38,054 +1.5%
    2015$897 $37,484
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,476,700
    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
    $1,476,700