For Sale
$2,990,000

4420 BroadwayLos Angeles, CA 90037

24,716 SF Mixed-Use Development Site

Overview

Added:
Dec 11, 2024
Days on market:
114
Prime Los Angeles redevelopment opportunity awaits at 4420 S Broadway. This 24,716 square foot lot boasts a 12,749 square foot commercial building with month-to-month tenants and ample rear parking. Zoned LAC2-2D- CPIO Tier 3 TOC, this ED1-eligible site offers significant potential. Develop a 100% affordable housing project with expedited approval and unlimited density, potentially exceeding 150 units (based on comparable sites), or pursue a market-rate development with a maximum of 106 units. Alternatively, the existing building presents an ideal space for owner-users or non-profits seeking a large footprint in a vibrant location. Conveniently situated near the intersection of Broadway and Vernon Avenue, the property provides easy access to the 110 Freeway, Downtown Los Angeles, the South Bay, and the University of Southern California. Comprehensive due diligence materials, including survey and environmental reports, are available. Asking price: $2,990,000.

Property Details for 4420 Broadway

Property type
Mixed-use properties, Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0032056
Longitude
-118.2781583
4420 Broadway, Los Angeles, California

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4420 Broadway
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