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4159 Broadway - Nearby USC & DTLA - Current (Vacant Land)

0.56 Acres of Commercial Land Offered at £5,483,100 in Los Angeles, CA 90037

Investment Highlights

  • Land for Low Income (Section 8) Multi Family Develop-Max. 103 units (+/- 99,746) buildable space with TOC-3 incentives.
  • Prime hight traffice location & Easy to access Freeway to I-110, I-101, I-10 & I-60.
  • 210.71' Frontage.
  • C2-1-CPIO(R4) lot with TOC 3, No Parking Required (AB2097) Plus Enterprize Zone (Tax incentives).
  • The property encompasses +/-24,199 sq.ft corner lot with alley access.

Executive Summary

Max. Construction Unit & Size : 103 units & 99,746 sq.ft
Nearby
USC, Natural History Museum of Los Angeles County, LA Memorial Coliseum, California Science Center, BMO Stadium, Lucas Museum of Narrative Art (under construction) - In 1 mile (5 minutes)
Crypto Area(Staples Center), LA Conventional Center & Downtown LA, - In 3 miles (6 minutes)
Plus, closed to LA Industrial Area (Vernon), Fashion District, Arts District, Financial District & China Town + Korea Town of Los Angeles, CA

Attachments

Lot Info_Zimas

Property Facts

Price £5,483,100 Property Subtype Commercial
Sale Type Investment Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Sale Conditions 1031 Exchange Total Lot Size 0.56 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Price £5,483,100
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.56 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 5111006012

Price £5,483,100 Lot Size 0.56 AC
Price Per AC £9,791,250
Price £5,483,100
Price Per AC £9,791,250
Lot Size 0.56 AC

Total Lot Size (24,199.10 sq.ft), Frontage (210.71'x114.99' / 64m x 34.75m) Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprise Zone (Tax Incentives)

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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5111-006-012
  • 5111-006-013
  • 5111-006-014
 Improvements Assessment £947,322
Land Assessment £899,136 Total Assessment £1,846,458

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5111-006-012
  • 5111-006-013
  • 5111-006-014
Land Assessment
£899,136
Improvements Assessment
£947,322
Total Assessment
£1,846,458

zoning

Zoning Code C2-1-CPIO (R4) (Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprize Zone (Tax)
C2-1-CPIO (R4) (Zoning : C2-1-CPIO Zone (R4), CPIO (South Los Angeles Community Plan Implementation), TOC(Tier-3), AB 2097(No Parking Required) & Enterprize Zone (Tax)
(213) 216-5612

Contact

  • Gunsuk Yang
    Gunsuk Yang
  • CNC Asset Investment Inc

  • Listing ID: 31997520

  • Date on Market: 03/06/2024

  • Last Updated:

  • Address: 4159 Broadway, Los Angeles, CA 90037

The Land Property at 4159 Broadway, Los Angeles, CA 90037 is currently available for sale. Contact CNC Asset Investment Inc for more information.

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4159 Broadway, Los Angeles, CA for sale Construction Photo- Image 1 of 5
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4159 Broadway, Los Angeles, CA for sale Typical Floor Plan- Image 2 of 5
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4159 Broadway - Nearby USC & DTLA - Current (Vacant Land)
(213) 216-5612 x

4159 Broadway - Nearby USC & DTLA - Current (Vacant Land)

Gunsuk Yang

(213) 216-5612

(213) 216-5612

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