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.
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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Source: HomeSmart,MLS#: PW25046864
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
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $1,150,000-36.1%$242/sqft |
Source: Public Record Report a problem | ||
| 7/7/2025 | Listing removed | $1,800,000$379/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $1,800,000$379/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 6/10Gil Garcetti Learning AcademyGrades: K-6Distance: 0.4 mi
- 3/10Mary Mcleod Bethune Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10John C. Fremont Senior High SchoolGrades: 9-12Distance: 0.8 mi
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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
- California
- Los Angeles County
- Los Angeles
- 90003
- Southeast Los Angeles
- 7111 South Broadway