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$850,000
Est. payment /mo
6,083 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25551703
Lot Size 6,083 Sqft
Acres 0.1396
Property Description
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. 8200 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. Can be sold together or separately with 8112 and 8130 S Broadway. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LAC2
Exterior
View Y/N Yes
View Other
Building
Lot Description Single Lot
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Kidder Mathews of California, Inc.
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