3806 S Broadway, Los Angeles, CA 90037

  • $2,200,000
3806 S Broadway
ResidentialIncome Active
3806 S Broadway, Los Angeles, CA 90037
3806 S Broadway
  • $2,200,000

Overview

Property ID: HZ25610569
  • 24
  • Bedrooms
  • 16
  • Bathrooms
  • 9616
  • Sq Ft
  • 1916
  • Year Built

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.

  • Address Broadway
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90037

Details

Updated on October 31, 2025 at 10:09 am
  • Property ID: HZ25610569
  • Price: $2,200,000
  • Property Size: 9616 Sq Ft
  • Bedrooms: 24
  • Bathrooms: 16
  • Year Built: 1916
  • Property Status: ResidentialIncome
  • Listed by: Darin Spillman
  • DRE #: 01366902
  • Contact Mail: darin.spillman@kidder.com
  • Brokered by: Kidder Mathews of California, Inc.

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings
Contact a Buyer’s Agent

Enquire About This Property

Schedule a Tour

Tour Type

Compare listings

Compare
Contact a Buyer’s Agent
  • Contact a Buyer’s Agent