8445 Broadway
Los Angeles, CA 90003
8445 Broadway, Los Angeles, CA 90003 · Land For Sale
·
0.26 AC
Investment Highlights
- Build 91± Residential Units
- Can build Mixed Income at higher density with Ministerial Approval through CHIP
- “Very Walkable” Area per Walk Score
- 50 x 227 ft Vacant Street to Street Lot - No RSO - Long Time Vacant Lot
- Off the 110 Freeway Manchester Ave. Off Ramp
- Seller Began Entitlements for 53 Units
Property Facts
Description
Partners CRE is proud to present for sale a street to street oversized commercially zoned lot just off the 110. Measuring 50 feet wide by 227 feet deep, the property offers tremendous possibilities in design on this 11,376 SF lot. Build Up to 91± residential units on this lot! This long-time vacant lot is not subject to RSO or replacement units. Zoned C2-1-CPIO Tier 3 TOC, focus on Mixed Income…or even Mixed Use - at a higher density with Ministerial Approval through CHIP. Situated just north of Manchester Ave., the property is in a commercial corridor, just a few doors north of a restaurant, near a Bank of America, H&R Block, mini market, laundromat and much more. Walk Score states that this area is Very Walkable, with Good Transit and is Bikeable. The Seller has started work on Entitlements for 53 Units, 4 stories with no parking - the property is offered without Entitlements, but the Seller will entertain all offers. The Project will not be continued by the Seller.
Property Taxes
| Parcel Number | 6040-005-014 | Improvements Assessment | $0 |
| Land Assessment | $1,225,695 | Total Assessment | $1,225,695 |
Property Taxes
