9311 S Broadway, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
9311 S Broadway
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 9311 S Broadway, Los Angeles, California 90003 is currently available with a list price of $495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1940, the property has undergone extensive and recent renovations, as detailed in the description and confirmed by the images. Upgrades include new copper plumbing, updated electrical, new flooring, fresh paint, quartz countertops, and energy-efficient LED lighting. The kitchen features new white cabinets and quartz countertops, while the bathroom boasts new vanity, toilet, and modern tile work. All visible components appear new or virtually new, meeting current quality standards and requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
The property features two homes on one lot, making it an excellent opportunity for investors or owner-occupants looking for strong rental income.
- Extensive Recent Renovations
The duplex has been beautifully renovated with significant upgrades including new copper plumbing, updated electrical, new flooring, fresh paint, LED lighting, quartz countertops, and walk-in closets, reducing immediate capital expenditures.
- Separately Metered Utilities
Both units are separately metered, including individual water meters, ensuring tenants pay all utilities and maximizing the landlord's net operating income.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1940, the underlying structure is older, which despite recent renovations, could potentially lead to unforeseen maintenance issues over time.
- Unit Configuration
Both units are 1 bedroom/1 bathroom, which may limit the potential tenant pool to singles or couples, potentially excluding families seeking larger accommodations.
- Modest Lot Size
With a lot size of 3828 sqft, the property offers a relatively modest outdoor space, which might limit amenities or further expansion beyond the approved ADU.
About 9311 S Broadway
2 Homes on One Lot This beautifully renovated duplex will be delivered with one unit vacant at close of escrow. The property includes an owner’s unit (1BD/1BA) and another 1BD/1BA Both units are separately metered—including two individual water meters—so tenants pay all utilities, leaving no utility expenses for the landlord. Upgrades feature: • New copper plumbing • Updated electrical • Energy-efficient LED lighting • Quartz countertops • New flooring & fresh paint • Walk-in closets The property also comes with previously approved ADU plans as a bonus. A perfect opportunity for investors or owner-occupants looking for strong rental income and future growth potential.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1940
- Lot Size
- 3,828 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,459 | 1,888 | 18% |
| Lot Size | 3,828 | 5,202 | 8% |
| Price | $495.0K | $755.0K | 18% |
| Price per sq ft | $339 | $360 | 49% |
| Built year | 1940 | 1923 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 178 | 204 | 36% |
Pricing History
Listed for Sale
Sep 9, 2025
$495,000
Initial Listing
Sold
Apr 9, 2012
$120,000
Public Record
Sold
Jan 16, 2004
$240,000
Public Record