$2,990,000
For Sale

4420 S Broadway

Los Angeles, CA 90037
Listing OfficeKidder Mathews of California, Inc.
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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.

  • Property Details
      • ViewCityLights
    • Measurements
      • Acres0.5674
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,990,000
  • Other
      • MLS #24451495

Location

Diana HernandezReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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