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4151 S Broadway 0.56 Acres of Residential Land Offered at $5,450,000 in Los Angeles, CA 90037

Residential Land & Home Lots California Los Angeles 4151 S Broadway, Los Angeles, CA 90037

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Investment Highlights

  • Land for Low Income (Section 8) Multi Family Develop-Max. 103 units (+/- 99,746) buildable space with TOC-3 incentives.
  • Prime hight traffice location & Easy to access Freeway to I-110, I-101, I-10 & I-60.
  • 210.71' Frontage.
  • C2-1-CPIO(R4) lot with TOC 3, No Parking Required (AB2097) Plus Enterprize Zone (Tax incentives).
  • The property encompasses +/-24,199 sq.ft corner lot with alley access.

Executive Summary

Price : $5,450,000.
Max. Construction Unit & Size : 103 units & 99,746 sq.ft
Nearby
USC, Natural History Museum of Los Angeles County, LA Memorial Coliseum, California Science Center, BMO Stadium, Lucas Museum of Narrative Art (under construction) - In 1 mile (5 minutes)
Crypto Area(Staples Center), LA Conventional Center & Downtown LA, - In 3 miles (6 minutes)
Plus, closed to LA Industrial Area (Vernon), Fashion District, Arts District, Financial District & China Town + Korea Town of Los Angeles, CA

Attachments

Lot Info_Zimas

Property Facts

Price $5,450,000 Property Subtype Residential
Sale Type Investment Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Sale Condition 1031 Exchange Total Lot Size 0.56 AC
No. Lots 1 No. Stories 3
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C2-1-CPIO (R4) - Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprize Zone (Tax
Price $5,450,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.56 AC
No. Stories 3
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C2-1-CPIO (R4) - Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprize Zone (Tax

1 Lot Available

Lot 5111006012

Price $5,450,000 Lot Size 0.56 AC
Price Per AC $9,732,142.86
Price $5,450,000
Price Per AC $9,732,142.86
Lot Size 0.56 AC

Total Lot Size (24,199.10 sq.ft), Frontage (210.71'x114.99' / 64m x 34.75m) Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprise Zone (Tax Incentives)

1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (87)
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Property Taxes

Parcel Numbers
Multiple
  • 5111-006-012
  • 5111-006-013
  • 5111-006-014
 Improvements Assessment $1,233,586
Land Assessment $1,170,838 Total Assessment $2,404,424

Property Taxes

Parcel Numbers
Multiple
  • 5111-006-012
  • 5111-006-013
  • 5111-006-014
Land Assessment
$1,170,838
Improvements Assessment
$1,233,586
Total Assessment
$2,404,424
(213) 216-5612

Still interested?

Contact the broker for more information about this property

Contact

  • Gunsuk Yang
    Gunsuk Yang
  • CNC Asset Investment Inc

  • Listing ID: 31997520

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 4151 S Broadway, Los Angeles, CA 90037

More public record information on 4151 S Broadway, Los Angeles, CA 90037

The Vernon-Main Land Property at 4151 S Broadway, Los Angeles, CA 90037 is currently available. Contact CNC Asset Investment Inc for more information.

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4151 S Broadway
(213) 216-5612 x

4151 S Broadway

Gunsuk Yang
(213) 216-5612

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