11125 S Broadway, Los Angeles, CA 90061
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Listed Price :
$749,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
Wonderful opportunity to build an affordable housing project at only $26,785 PER BUILDABLE DOOR. This property is located on a corner, with alley access, and with high density incentives. This nice sized property of approximately 6,447 sqft lot (46 ft wide) sits on a LAC2 TIER 3 - CPIO Subarea: TOD Low. This zoning will allow up 28 units using TOC density. Other opportunities include proposing an ED1 project which gives additional bonus density with on and off menu incentives. Depending on choice, a developer can propose 40+ units ($18k PBD, buyer to verify). Another option is building townhome style units. SB8 is exempt since this property has been vacant for over 5 years. Possible to build 2 duplexes plus ADUs, AB2097 reduces your parking requirements. Do not worry about RSO or relocation fees. Property has easy access to the 110 and 105 freeways with easy access to DTLA and the South Bay. Come see this property before is gone.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
11125 S Broadway |
| City |
Los Angeles |
| State |
CA |
| Zip |
90061 |
| County |
Los Angeles |
| Listing Agent |
Daniel Terrazas DRE #02019893 |
| Courtesy Of |
VIP Real Estate Firm |
| List Price |
$749,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
6,449 |
Listing information courtesy of: Daniel Terrazas, VIP Real Estate Firm. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 5th, 2024 at 4:02 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
