This Land Property is no longer advertised on LoopNet.com.

7301 S Broadway
Los Angeles, CA 90003

RTI 45 Unit Affordable Housing Opportunity · Land For Sale · 0.15 AC

INVESTMENT HIGHLIGHTS

  • The 6,434 SF lot is zoned C2- 1VL-CPIO and is RTI for 44 income-restricted units and 1 manager unit that is not restricted
  • Plans call for 42 singles (261 SF – 354 SF) and three one-bedroom units (375 SF) with no parking required
  • Potential exterior finishes include textured fiber cement panels to promote better urban design and enhance the aesthetics of the community
  • The project is offered at a low $44,222 per buildable unit, with no tenant relocation or replacement units required.
  • The efficient design calls for four stories of Type V construction, the four-story building totals 16,868 SF and includes amenities
  • Located in a dense, infill location of South LA on the main thoroughfare of S Broadway; walk score of 78 and 0.1 miles from multiple metro lines

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 0.15 AC

PROPERTY TAXES

ZONING

Zoning Code C2- 1VL-CPIO
  • Listing ID: 29511405

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 7301 S Broadway, Los Angeles, CA 90003