Kidder Mathews, as exclusive advisor, is pleased to present 3806 S. Broadway, a 16-unit multifamily property located just four blocks from Exposition Park and a half-mile from the University of Southern California (USC)and the Los Angeles Coliseum, site of the 2028 Olympic Games.
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 within walking distance of 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.