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3806 S BroadwayLos Angeles, CA 90037

For Sale

$2,200,000

Smart Buyer Rebate $22,000

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.

Listed by Darin Spillman

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License #01366902

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Kidder Mathews of California, Inc.

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310-592-8269

Last updated November 06, 2025

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Source: CRMLS #25610569

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms24
  • Days on Prevu27
  • Size9,616 sqft
  • Price per sqft$229

Amenities

  • Parking

Location

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Listing History

10/23/2025
Listed by Kidder Mathews of California, Inc.
$2,200,000

Property Details for 3806 S Broadway

Exterior

Construction

  • Number Of Units Total: 16
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1916

Measurements

  • Building Area Total: 9,616
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,255
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,255
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $261,612.00

Taxes

  • Parcel Number: 5122039020

Interior

Measurements

  • Living Area: 9,616
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 24

Parking

Parking

  • Parking Features: Uncovered
  • Parking Total: 8

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.