9218 S Broadway, Los Angeles, CA 90003 – SR25199749

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,344,000

Est. payment - /mo

6,542 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25199749

HOA Y/N No

Lot Size 6,542 Sqft

Property Description

**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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAC2

Interior

Fireplace No

Exterior

Community Features Curbs

View Y/N No

View None

Building

Lot Description Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 6040039004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Rana Khanjani Sync Brokerage 818-723-9071

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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9218 S Broadway Los Angeles, CA 90003

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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