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Property Description

We are pleased to present 4420 S Broadway, a 24,716sf LAC2-2D- CPIO Tier 3 TOC development site located along the trending Broadway corridor! Existing improvements consist of a 12,749sf commercial building, with all current tenants on Month-to- Month leases and an enormous parking lot in the rear of the existing building! As a development site, the property is ED1 eligible, providing a developer with unlimited density and an expedited approval process for a 100% affordable housing project, with other similar sized sites allowing for 150+ affordable units. As a market rate Tier 3 TOC development site, the property has potential for a maximum of 106 units. In the event you are not a developer, the existing 12,749sf of building size provides opportunity for a local owner-user or non-profit to occupy the entire building to operate their business and/or provide services to the local community. The Seller has multiple reports in their possession, including survey and environmental reports. Contact the listing broker for additional information.

Features
2
Additional Information
Kidder Mathews of California, Inc.
0
CLW-C128038
CLW-X82410
Casey
5110002005
: Standard

Commercial Sale For Sale

4420 Broadway, Los Angeles, California 90037

12,749 Sqft
$2,990,000
Listing ID #24451529
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24451529
Price : $2,990,000
Living Area : 12,749 Sqft
Year Built : 1908
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90037
Price Per Square Foot : $235
ModificationTimestamp : 2024-10-10 15:21:27
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