4420 S Broadway 5110002005
Los Angeles, CA, 90037
$2,990,000
Beds
0 Baths
SqFt
0.57 Acres
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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.
LISTING AGENT: Casey Lins
LISTING BROKERAGE: Kidder Mathews of California, Inc.
4420 S Broadway 5110002005
Los Angeles, CA

Property Details

Price:
$2,990,000
MLS #:
24451495
Status:
Active
Baths:
0
Address:
4420 S Broadway 5110002005
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Oct 10, 2024
State:
CA
ZIP:
90037
Lot Size:
24,716 sqft / 0.57 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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