7307 South Broadway, Los Angeles, CA 90003 Property Information
7307 South Broadway, Los Angeles, CA 90003 Property Information
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- Neighborhood
Address
| Primary address | 7307 South Broadway, Los Angeles |
| Zip code | 90003 |
| County | Los Angeles |
| Municipality | Los Angeles |
| Neighborhood | Florence |
Sales & Tax Overview for 7307 South Broadway, Los Angeles
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/31/2002 |
| Sale price | $255,002 |
| Arm's length | Register |
| Current property tax | $8,837 |
Lot & Building Information for 7307 South Broadway, Los Angeles
| Building sqft | 4,469 |
| Building class | Five or More Apartments or Units - 4 Stories or Less (0500) |
| Acreage | 0.142
|
| Units | 7 |
| Year built | 1965 |
| Year last altered | 1970 |
| Stories | 4 |
Zoning, Use & Area Overview
| Zoning district | Register |
| Weed hazard | No |
| School district | Los Angeles Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Other Property Data for 7307 South Broadway, Los Angeles
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 7307 South Broadway, Los Angeles , including their type, square footage, grade and when they were built.
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About 7307 South Broadway, Los Angeles
7307 South Broadway, Los Angeles, CA 90003 was built in 1965 and has a total of 4,469 square feet.
What is the assessed value of 7307 South Broadway, Los Angeles, CA 90003 and the property tax paid?Assessed at $646,897, the tax amount paid for 7307 South Broadway, Los Angeles, CA 90003 is $7,681.
When was 7307 South Broadway, Los Angeles, CA 90003 last sold?7307 South Broadway, Los Angeles, CA 90003 was last sold in 07/12/2021.
How many residential units does this building have?This building has 7 residential unit(s). There are 1 active listings at this address.
Ownership Information
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Spaces for Sale in 7307 South Broadway, Los Angeles
| Listing type | For Sale |
|---|---|
| Listing date | 11/10/2025 |
| Last updated | 02/03/2026 |
| Lot size | 0.1419 Acre |
7307 S Broadway is a solid 1965 multi-family structure located in the Florence-Firestone district of South Los Angeles, a high-density corridor with consistent demand for affordable housing near key employment hubs and transit lines.Encompassing seven units in approximately 4,469 square feet on a 6,183-square-foot parcel, the asset represents a stable, value-add investment with income enhancement potential via targeted upgrades and efficient management. Its urban positioning in a growth-oriented area bolsters occupancy reliability and strategic appeal for portfolio builders. The property includes seven one-bedroom, one-bath units (averaging about 640 square feet each), ideal for working individuals and small households, promoting low turnover through functional layouts and affordability. In-place rents trail submarket averages by approximately 20 percent, creating a clear roadmap for uplift through interior modernizations like kitchen/bath refreshes, flooring, and appliances—feasible on a unit-by-unit basis. Pro forma metrics forecast annual gross income of $143,882, achieving a 6.05 percent cap rate at a $1,300,000 price point. Current utilization is at its highest and best with neutral prospects for ADU additions under LAC2 zoning (Commercial), which permits multi-family use and mixed potential subject to city entitlements. Physical condition is stable with no major deferred items reported, mitigated by master-metered water and separately metered electric/gas; parking is limited to driveway and street, typical for the neighborhood. No significant capital improvements are documented recently, allowing focus on revenue-driving enhancements. Governed by the Los Angeles Rent Stabilization Ordinance (RSO), all units are on month-to-month leases, facilitating timely rent alignments. Situated in a Liquefaction Zone but clear of flood risks, it fits standard South LA profiles. Ultimately, 7307 S Broadway offers a dependable South Los Angeles multi-family holding with 20 percent rent escalation opportunity, uniform unit mix for streamlined operations, and proximity to urban amenities in a resilient, underserved market.
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Past Sales & Property History for 7307 South Broadway, Los Angeles
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*Here are the three most recent sales for this property.
Title Documents for 7307 South Broadway, Los Angeles
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R: Recorded date
D: Document date
Property Taxes for 7307 South Broadway, Los Angeles
Access detailed property tax data for 7307 South Broadway, Los Angeles, CA 90003. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $7,681 |
| Current property tax | $8,837 |
| Market value | $646,897 |
Special Assessments And Penalties for 7307 South Broadway, Los Angeles
Special Assessments
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 06181 | Greater L.A. County Vector Control District | Register |
| 00194 | Health License Fees | Register |
| 03694 | La County Regional Park And Open Space District | Register |
| 18851 | Los Angeles City Light Maintenance | Register |
| 03071 | Los Angeles County Flood Control | Register |
Assessment History for 7307 South Broadway, Los Angeles
Here's the assessment & property tax history for 7307 South Broadway, Los Angeles, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $646,897 | 1.1874 | $7,681 | +0.95% |
| 2024-2025 | $634,214 | 1.1997 | $7,609 | +2.03% |
| 2023-2024 | $621,779 | 1.1994 | $7,458 | +4.97% |
| 2022-2023 | $609,588 | 1.1655 | $7,105 | +1.16% |
| 2021-2022 | $597,636 | 1.1752 | $7,023 | -1.07% |
Permits for 7307 South Broadway, Los Angeles
The complete history of permits filed for 7307 South Broadway, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Data not available for this property.
Los Angeles residential market stats
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Demographics by Zip Code
| Total population | 70,065 |
| Median age | 30.9 |
| Average household income | $70,030 |
| Family households | 77.2% |
| Occupied housing units | 17,782 |
| Owner occupied units | 27.2% |
| Average number of people per household | 3.9 |
| Median year structure built | 1956 |
| Median value for units with a mortgage | $594,700 |
| Median value for units without a mortgage | $467,200 |
Risk
Create a free account to unlock extended information for 7307 South Broadway, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
| Earthquake-induced liquefaction area | Register |
Transportation
Access the detailed traffic volume map for 7307 South Broadway, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 7307 South Broadway, Los Angeles
Here are the neighbors for 7307 South Broadway, Los Angeles.