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
![7301 S Broadway, Los Angeles, CA for sale - Primary Photo - Image 1 of 1](https://images1.loopnet.com/i2/DpSrPsufwN523JsFxZQpcyVhhqVhIp_pU9W0ckWGnm8/110/7301-S-Broadway-Los-Angeles-CA-Primary-Photo-1-Large.jpg)
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
Parcel Number | 6031-004-031 | Improvements Assessment | $187,272 |
Land Assessment | $485,434 | Total Assessment | $672,706 |
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
The Canndu/Avalon Gardens Land Property at 7301 S Broadway, Los Angeles, CA 90003 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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