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7307 S Broadway
Los Angeles, CA 90003 Canndu/Avalon Gardens

$1,150,000 USD

Apartments For Sale  •  4,469 SF

Property Details

• Property Type Apartments
• Total Building Size 4,469 SF
• Lot Size 0.14 AC
• Building Class B
• Year Built 1965
• Zoning LAC2

60 Transit Score

80 Walk Score

Highlights

Approx. 20% Rent Upside All 7 units month-to-month under RSO; pro forma $1,998 avg rent vs. current $1,427—$24K+ annual lift.

Uniform 1-Bed Product 7 identical 1-bed/1-bath (~640 SF) enables economies of scale in turns and maintenance.

South Broadway Corridor Location High-traffic urban node near USC Medical, downtown jobs, Metro A-Line; 100% occupancy history.

Separately Metered Utilities Electric & gas tenant-paid; master water only—verified low owner expense ($22,210/yr total op-ex).

Driveway + Street Parking 1–2 spaces allocated per unit; standard for submarket, no material vacancy drag.

ASSUMABLE FINANCING @ 3.8% for 25 years!!!!!!!!

Property Flyers

Broadway Rent Roll - Hoja 1

Investment Summary - 7307 S. Broadway, Los Angeles, CA

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	11 min	-	7.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	8.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	8.8 mi
Long Beach (Daugherty Field)	24 min	-	17.1 mi
Bob Hope	31 min	-	23.0 mi