8426 S Broadway - Commercial LAND FOR SALE


Los Angeles, CA 90003 7,266 SF
$1,200,000 USD
310-909-5478
8426 S Broadway, Los Angeles, CA for Sale
$1,200,000 USD
Commercial LAND - FOR SALE
1/6
7,266 SF

8426 S Broadway
Los Angeles, CA 90003


HIGHLIGHTS

  • Ready to Break Ground (RTI)
  • Cost Effective On-Grade Construction: Only 3 Floors
  • Vacant Corner Lot with No Leases
  • No Relocation or Demolition Costs

OVERVIEW

Marcus and Millichap is pleased to present an RTI, shovel ready project for 22 units in South LA. This project is 100% affordable and features a cost effective on-grade construction with only 3 floors. The lot has been vacated of all tenants and the old building has been demolished leaving a vacant lot. The unit mix consists of 19: 1 + 1’s, 2 Singles and one 2 bedroom units.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/ACRE

$7,196,035/AC

PRICE/SF

$165 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

100% Affordable 22 Units Ready to Build

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.17 AC

LAND SF

7,264 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAC2

APN/PARCEL ID

6040-002-003

ASK ABOUT THIS PROPERTY

Jon EmraniMarcus & MillichapMore Info
310-909-5478

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Jon EmraniMarcus & MillichapMore Info
310-909-5478

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.