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
Mortgage Calculator
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
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