Listing by: Casey Lins, Kidder Mathews of California, Inc.
0 Beds
n/a Full bath
n/a SqFt
Active
We are pleased to present 4420 S Broadway, a 24,716sf LAC2-2D- CPIO Tier 3 TOC development site located along the trending Broadway corridor! Existing improvements consist of a 12,749sf commercial building, with all current tenants on Month-to- Month leases and an enormous parking lot in the rear of the existing building! As a development site, the property is ED1 eligible, providing a developer with unlimited density and an expedited approval process for a 100% affordable housing project, with other similar sized sites allowing for 150+ affordable units. As a market rate Tier 3 TOC development site, the property has potential for a maximum of 106 units. In the event you are not a developer, the existing 12,749sf of building size provides opportunity for a local owner-user or non-profit to occupy the entire building to operate their business and/or provide services to the local community. The Seller has multiple reports in their possession, including survey and environmental reports. Contact the listing broker for additional information.
Property Details | ||
---|---|---|
Price | $2,990,000 | |
Lot Size Area | 24716 | |
Lot Size Area Units | Square Feet | |
Acres | 0.5674 | |
Property Type | Land | |
View | City Lights | |
Geographic Data | ||
Directions | 4420 S Broadway, Los Angeles, CA 90037 | |
County | Los Angeles | |
Latitude | 34.003104 | |
Longitude | -118.277858 | |
Market Area | C42 - Downtown L.A. | |
Address Information | ||
Address | 4420 S Broadway, Los Angeles, CA 90037 | |
Postal Code | 90037 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Kidder Mathews of California, Inc. | |
Listing Agent | Casey Lins | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 8 | |
MLS Status | Active | |
Listing Date | Oct 10, 2024 | |
Listing Last Modified | Oct 18, 2024 | |
Tax ID | 5110002005 | |
MLS Area | C42 - Downtown L.A. | |
MLS # | 24451495 |
This information is believed to be accurate, but without any warranty.