$1,500,000
For Sale

8130 S Broadway

Los Angeles, CA 90003
Listing OfficeKidder Mathews of California, Inc.
Type:Purchase
Structure:Land
Zone:Residential

Description

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. 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. 8112 and 8130 S Broadway 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. Contact listing broker for additional information.

  • Property Details
      • CountyLos Angeles
      • Original List Price$1,500,000
      • Property TypePurchase
      • MLS #25551683
      • MLS #25551683
      • Cost1500000
      • Acres0.2863
      • Property SubtypeLand

Location

Bill PavkovReal Estate Group
OR

Interested in Purchasing 8130 S Broadway?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00