Description

We are pleased to present The Broadway Collection: 8112, 8130 and 8200 S Broadway. This unique opportunity consists of three separate parcels totaling 2,904 square feet of existing commercial improvements with a total of 18,555 square feet of LAC2 Tier 1 TOC zoned land along the Broadway corridor which offers a double-wide street with convenient access to the Crypto.com arena and DTLA! As a development site, the properties are ED1 eligible, providing a developer with unlimited density and an expedited approval process for a 100% affordable housing project. 8112 and 8130 S Broadway consist of two contiguous parcels totaling 12,472 square feet on the northeastern corner lot. 8112 is comprised of two separate structures with a front commercial building and a rear residential bungalow which is directly north of, and adjacent to, the paved vacant lot on 8130. This property allows for an owner-user to operate out of the commercial structure, while living in or renting out the residential bungalow, as well as utilize the adjacent vacant, paved commercial lot for business purposes. As a development project, other similar sized sites allow for 75+ affordable units. As a market rate Tier 1 TOC development site, the property has potential for a maximum of 48 units. 8200 S Broadway is a standalone parcel totaling 6,083 square feet on the southeastern corner lot directly across the street. The existing commercial space consists of a 700 square foot (buyer to verify) standalone building. This low coverage land site presents an opportunity for an owner-user to occupy the commercial building with ample onsite parking. As a development project, other similar sized sites allow for 30+ affordable units. As a market rate Tier 1 TOC development site, the property has potential for a maximum of 24 units. Broadway provides tree-lined streets along the center medians, providing excellent curb appeal for tenants and investors. With both properties being located on the corner, it will allow for minimal setbacks and the ability to design a project that encompasses natural light and airflow throughout. The Broadway Collection is strategically located one block east of the 110 Freeway providing easy access to downtown Los Angeles while catering to hundreds of thousands of tenants or potential customers in the neighborhood and is a well-positioned property with high rental demand that is nearby significant employment opportunities. Buyer shall complete their own due diligence to determine the development potential. Can be sold together or separately. Contact listing broker for additional information.

Facts

| Built in | Lot Size: 18555.00 sqft | HOA Dues: $0/month

Features