11125 S Broadway
Los Angeles, CA 90061
0.15 acres | #DW24183507
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- Utility SourceSeeRemarks
- MLS #DW24183507
- MLS #DW24183507
- Property TypePurchase
- Original List Price$749,000
- Cost699000
- Acres0.148
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Terrazas (#DWTERDAN)
Listing Office: VIP Real Estate Firm (#DWCBV)
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