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$497,999
Est. payment /mo
5,479 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26221137
HOA Y/N No
Year Built 1927
Lot Size 5,479 Sqft
Lot Dimensions Assessor
Property Sub-Type Multi Family
Property Description
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAC2
Interior
Fireplace No
Laundry None
Building
Lot Description Tear Down
Story 1
Water Public
Others
Tax ID 6074011017
Acceptable Financing 1031 Exchange, Owner May Carry
Listing Terms 1031 Exchange, Owner May Carry
Special Listing Condition Standard
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Listed by Danny Navarro Century 21 Allstars 949-903-6633, DRE #01938421
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