3806 S Broadway, Los Angeles, CA 90037

• 24 beds |
• 16 baths |
• 9,616 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 23, 2025 at 05:00AM

Listing Office:

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

Listing Agent:

Darin Spillman : 310-592-8269

MLS ID:

25610569

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: UncoveredParking spaces: 8

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAM15122039020

Financial

• Source: CRMLS_CL

This listing courtesy of Darin Spillman, Kidder Mathews of California, Inc.