957 BroadwayLos Angeles, CA 90015

Property Details for 957 Broadway

Year built

1949

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

6,434 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

5414-008-007

APU

5414008007

Description

This exceptional offering presents three entitled mixed-use development sites in the heart of Downtown Los Angeles. Ideally situated at 957 S. Broadway, 920 S. Hill St., and 601 S. Main St., these properties boast a combined 2.4 acres and offer the potential to construct up to 854 residential units and approximately 33,591 square feet of commercial space. The sites benefit from existing tentative tract maps, simplifying the development process. With a total of 2,400 parking spaces planned, these properties are poised to capitalize on the area's revitalization and strong demand for urban living. Located in a vibrant neighborhood with high Walk Scores (93-96 out of 100) and a perfect Transit Score of 100 out of 100, residents will enjoy unparalleled access to employment centers, entertainment venues, restaurants, and retail options. The properties are also conveniently located adjacent to the planned LA Streetcar, providing excellent transit connectivity throughout Greater Los Angeles. The permitted zoning includes R5-4D, C2-4D-CDO-SN, and C2-4D, allowing for a diverse range of development possibilities. APN numbers are 5139-003-008, 5139-003-012, 5144-001-010, and 5144-001-011. This is a rare opportunity to acquire three strategically located development sites in one of Los Angeles's most dynamic and desirable neighborhoods.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0657

Longitude

-118.237

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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