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Executive Summary

Auction Starting Bid: $225,000
Bidding Starts May 4, 2026 @ 10:00 AM
22 unit apartment building, 3 stories fully sprinklered, 100% affordable housing. 100% privately funded. Not public housing. No tax credit received.
22 units - will be delivered RTI
3 stories, Type V-A
Tier 3 TOC project
100% Affordable - No parking required
Long term bicycle parking - 22 spaces
Lot size: ±7,264 square feet
Project Building Area: ±13,322 square feet
Zoning: LAC2

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.17 AC
No. Stories 1
Zoning C2-1VL-CPIO

1 Lot Available

Lot

Lot Size 0.17 AC

7,263 square feet lot, zoned LAC2, RTI and ready to pull permit and start breaking ground to build a 22-unit apartment building, 3 stories fully sprinklered, 100% affordable housing. 100% privately funded. Not public housing. No tax credit received.

Description

Auction Starting Bid: $225,000 Bidding Starts May 4, 2026 @ 10:00 AM RTI Land - 8426 S. Broadway, Los Angeles, CA 90003 Discover a prime investment opportunity in the heart of Los Angeles with the RTI Land property. This project boasts a 22-unit apartment building featuring 100% affordable housing and fully sprinklered 3-story construction. With a focus on maximizing returns, this privately funded development sets itself apart from public housing options. The property shines with amenities like long-term bicycle parking spaces, a 100% affordable housing status, making it an attractive prospect for smart investors. The Transit Oriented Community (TOC) designation further enhances its appeal. Offering a mix of studio, one-bed, and two-bed units, this LAC2-zoned property presents a unique opportunity for those seeking a venture in the thriving Los Angeles real estate market. Take advantage of this RTI-ready project and unlock its full potential today!

Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
6040-002-003
Land Assessment
$530,604
Improvements Assessment
$180,405
Total Assessment
$711,009
  • Listing ID: 39352584

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 8426 S Broadway, Los Angeles, CA 90003

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