$497,999
Development and value-add opportunity on S Broadway in South Los Angeles. This property is a 6,560 SF building on a 5,480 SF lot zoned LAC2, which allows up to 13 units by-right in 2 stories. Builders and developers can pursue a multifamily project without discretionary approvals. Value-add investors and owner-users can rehab the existing structure. Seller financing is available with a down payment. Built in 1927 and formerly used for religious services, the building needs a full rehab and is being sold as-is. The site has street frontage on Broadway near a signalized intersection and is surrounded by multifamily and commercial uses. It is close to public transit, schools, shopping and the 105 Freeway. Buyer to independently verify zoning, density, entitlements and all property information. Buyer to verify zoning, buildable unit count and all square footages with LADBS / City Planning.
Listed by Danny Navarro with Century 21 Allstars
MLS Property Type
Land
Status
Active
MLS Number
DW26221144
Lot Size
5,480 sq ft
Click to interact with map
710 E Florence, Los Angeles
Listed by Jose Castaneda with Century 21 Realty Masters
10965 S Hoover St, Los Angeles
Listed by Obie Nwabuzor with Compass
1550 W Florence Ave, Los Angeles
Listed by George Kpachavi with LPT Realty, Inc
1766 Silverwood Ter, Los Angeles
Listed by Dahlia Pashaie with Core Realty, Inc.
2026 N Alvarado St, Los Angeles
Listed by Justin Borges with eXp Realty of Greater Los Angeles
1444 Avon Ter, Los Angeles
Listed by Christopher Furstenberg with Nourmand & Associates-HW
3611 Kinney Pl, Los Angeles
Listed by Ryan Manavi with Coldwell Banker Realty
2360 San Marco Dr, Los Angeles
Listed by Jennifer Okhovat with Compass
