7301 S Broadway | Los Angeles, CA 90003
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- LoopNet Team
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 | Proposed Use | Apartment Units - Subsidized |
| Property Subtype | Residential | Total Lot Size | 0.15 AC |
| Zoning | C2- 1VL-CPIO | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Subsidized |
| Total Lot Size | 0.15 AC |
| Zoning | C2- 1VL-CPIO |
PROPERTY TAXES
| Parcel Number | 6031-004-031 | Improvements Assessment | $0 |
| Land Assessment | $1,825,800 | Total Assessment | $1,825,800 |
PROPERTY TAXES
Parcel Number
6031-004-031
Land Assessment
$1,825,800
Improvements Assessment
$0
Total Assessment
$1,825,800
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