Mixed Use Property With Rti Development Opportunity
$1,195,000
5436 South Broadway, Los Angeles, CA 90037
2,624 sqft
Building Size
6,021 acres
Lot Area
Details:
Description:
5436 S. Broadway is a corner lot property located along the S. Broadway commercial corridor in South Los Angeles. The site consists of two existing buildings totaling approximately 2,624 square feet on a 6,021 square foot C2-zoned parcel, providing flexibility for retail, residential, or redevelopment opportunities.
The property sits on a well-traveled commercial thoroughfare that serves the surrounding residential neighborhoods and connects directly to key areas throughout Los Angeles. The location is approximately one block east of the 110 Freeway, providing convenient access to Downtown Los Angeles and other major employment centers.
The surrounding area is densely populated, with strong demand for both housing and neighborhood-serving retail. The property is positioned roughly two miles south of the University of Southern California (USC) and within commuting distance of Downtown Los Angeles, Vernon, Commerce, and Huntington Park. The corridor also benefits from multiple Metro bus routes running along S. Broadway, providing direct transit connections throughout the city.
In addition to the existing mixed-use improvements, the site is RTI for a 35-unit apartment development, consisting of 34 income-restricted units and one manager unit. The approved plans call for a four-story residential building totaling approximately 16,358 square feet, with an efficient unit mix of 10 singles (255–315 SF) and 25 one-bedroom units (300–430 SF).
TWO BUILDINGS TOTALING 2,624 SF ON 6,021 SF C2 ZONED CORNER LOT.
ON A COMMERCIAL THOROUGHFARE IN SOUTH LOS ANGELES.
RTI FOR A 35-UNIT APARTMENT BUILDING
PERFECT FOR AN OWNER/USER, INVESTOR, OR A DEVELOPER.
APPROX. 2 MILES SOUTH OF USC.
ONE BLOCK EAST OF THE 110 FREEWAY.
EXCELLENT DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
Documents:
| Title | ||
|---|---|---|
| 5436 South Broadway Draft Flyer |
Location
Gallery