Contacts
Angelica Gotzev
Kidder Mathews
(424) 653-1809
Janet Neman
Kidder Mathews
(310) 996-2210
Property Details
- Property Type Multi-Family
- Property Size 16,850 SF
- Units 4
- Lot Size 7,286 SF
- Year Built 1922
- Date Updated Apr 26, 2024
Kidder Mathews is pleased to present the excellent opportunity to 11151 S Broadway, acquire a 7,286 SF development site located in South Los Angeles. Ownership has plans to build a 40-unit, 100% affordable housing (low income) development project. The zoning department has approved and stamped the plans, and all of the architectural, structural and MEP (mechanical, electrical, plumbing) plans are completed. All of the plans have been submitted to the planning department and the Seller’s are awaiting comments. The project is expected to be RTI in the next few months. The project consists of 4 stories and a unit mix of 5 studios and 35 one bedroom, one bath units. The existing improvements consist of a church and small home both occupied by tenants and a vacant two-story home. The Property is conveniently located on the major thoroughfare of Broadway with easy access to the 110 and 105 Freeways. The Property is located nearby amenities, community centers, local businesses, restaurants, and shops. There is a significant shortage of affordable housing units available, and the demand for this type of housing in Los Angeles is strong. 11151 S Broadway is an excellent opportunity for developers to acquire a 100% affordable housing project in a rapidly developing and supply constrained market.
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Getting around
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62/100
Walk Score ®
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70/100
Transit Score ®
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54/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Vermont Vista
- Zip Code 90061
- Market Los Angeles
Points of Interest
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Harbor Freeway
0.35 miles
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Vermont/Athens
0.70 miles
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Avalon
1.02 miles
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103rd Street/Watts Towers
2.27 miles
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Willowbrook/Rosa Parks
2.49 miles
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Crenshaw
2.67 miles
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Firestone
2.83 miles
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Florence
3.54 miles
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Hawthorne/Lennox
4.06 miles
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Compton
4.10 miles
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Arco
0.69 miles
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76
1.86 miles
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Chevron
1.92 miles
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Valero
1.95 miles
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Chevron
2.31 miles
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Sinclair
2.49 miles
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76
2.71 miles
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Shell
2.86 miles
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USA Gasoline
2.87 miles
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7-Eleven
2.90 miles
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Century / Harbor Park And Ride
0.36 miles
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Vermont Ave Park And Ride
0.71 miles
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Avalon Park And Ride
1.05 miles
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Manchester Park And Ride
1.78 miles
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Manchester Park And Ride
1.86 miles
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Metro Park and Ride
2.22 miles
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Rosecrans Park And Ride
2.28 miles
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LADWP Lot
2.29 miles
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Willowbrook Park And Ride
2.42 miles
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SpaceX Visitor Lot
2.68 miles
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El Don Motel
1.10 miles
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Polaris Motel
1.34 miles
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Monterey Motel
1.59 miles
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Central Inn
2.14 miles
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Dream Inn
2.72 miles
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Travel Inn Motel
2.73 miles
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Best Western Plus Gardena Inn & Suites
2.78 miles
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Palm Inn
2.84 miles
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Kings Motel Inglewood
2.99 miles
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Touristlodge
3.18 miles
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Numero Uno Market
1.94 miles
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Superior Grocers
2.32 miles
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Target
2.45 miles
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Food 4 Less
2.79 miles
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ALDI
2.86 miles
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El Super Mexican Supermarket
2.93 miles
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Marshalls
2.95 miles
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Ross
2.97 miles
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Vons
3.11 miles
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Big Lots
3.15 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.