S Broadway Lot 5
Los Angeles, CA, 90003
$1,344,000
Beds
0 Baths
0 SqFt
0.15 Acres
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**Fully RTI** Entitled 21,745 SF development site located at 9214 & 9218 S. Broadway. The property is zoned C2 and currently improved with a commercial building. Plans are approved for a 5-story, 42-unit multifamily development with 18,398 SF of net rentable area on a 6,543 SF combined parcel. RTI plans will be delivered at the close of escrow, allowing the buyer to bypass entitlement risk and proceed directly to permitting and construction. Designed as 100% affordable housing under AB 2345, the project benefits from incentives including no parking requirement, streamlined density, and efficient build-out. *** Projected Gross Monthly Income is $93,570, with a Projected Gross Annual Income of $1,122,840.*** T. Strategically positioned along the South Broadway corridor, this transit-oriented site is steps from Metro Bus Line 45 and offers direct access to the I-110 and I-105 freeways, connecting to Downtown LA, USC, Inglewood, LAX, and the South Bay employment hubs. This offering presents a rare opportunity for developers and investors to deliver stable, income-restricted housing in a supply-constrained market supported by strong rental demand and ongoing public/private investment in the South Los Angeles corridor.

Property Details

Price:
$1,344,000
MLS #:
SR25199749
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
699
Listed Date:
Sep 5, 2025
Lot Size:
6,543 sqft / 0.15 acres (approx)
699

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Market Summary

Current real estate data for Land in Los Angeles as of Oct 30, 2025
58
Land Listed
91
Avg DOM
$743,841
Avg List Price

Property Summary

    S Broadway Lot 5 Los Angeles CA is a Land for sale in Los Angeles, CA, 90003. It is listed for $1,344,000 and features 0 acres.

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S Broadway Lot 5
Los Angeles, CA