CA > Los Angeles
Los Angeles, CA 90003,9825 S Broadway
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Los Angeles, CA 90003,9825 S Broadway
Los Angeles, CA 90003,9825 S Broadway
Los Angeles, CA 90003,9825 S Broadway
Los Angeles, CA 90003,9825 S Broadway
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 950,000
Est. payment /mo
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Price Dropped by $100K

9825 S Broadway Los Angeles, CA 90003

0.25 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25510013

Lot Size 0.254 Acres

Acres 0.2542

Property Description

We are pleased to present an exceptional opportunity to acquire an approximately 11,064 sq.ft. parcel zoned C2-1VL-CPIO, TOC Tier 3, in South Central Los Angeles. The site is currently underutilized, featuring a 1,857 sq.ft. church structure and an additional bungalow that does not appear to be affixed to the land. With significant development potential, the CHIP Ordinance density bonus rules estimate a maximum of 59 units, though required open space and bicycle parking provisions reduce the total buildable units to56. Using the TOC Tier 3 density rules, the site allows for up to 48 units, providing another viable option for maximizing density. Using ED1 100% affordable housing density rules, the maximum allowable units are 49, with open space and parking requirements limiting the total to 46. At less than $90 per square foot of land and just $16,964 per buildable door, this offering presents an exceptional value for developers. With Los Angeles facing a persistent housing shortage and strong rental demand, this property is well-positioned for a high-impact development that aligns with the city's urgent need for more housing. The property is also conveniently located near several parks and recreation centers, including the Green Meadows Recreation Center, which offers a variety of sports facilities and community programs, and the Mary McLeod Bethune Park, featuring playgrounds and picnic areas, both within a mile of the site.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning C2-1VL-CPIO

Exterior

Waterfront Description None

View Y/N No

View None

Building

Lot Description Curbs, Fenced, Sidewalks, Tear Down On Lot, Value In Land

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Maher Commercial Realty

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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