9825 S Broadway
Los Angeles, CA 90003
#25510013
Description
We are pleased to present an exceptional opportunity to acquire an approximately 11,064 sq.ft. parcel zoned C2-1VL-CPIO, TOC Tier 3, in South Central Los Angeles. The site is currently underutilized, featuring a 1,857 sq.ft. church structure and an additional bungalow that does not appear to be affixed to the land. With significant development potential, the CHIP Ordinance density bonus rules estimate a maximum of 59 units, though required open space and bicycle parking provisions reduce the total buildable units to56. Using the TOC Tier 3 density rules, the site allows for up to 48 units, providing another viable option for maximizing density. Using ED1 100% affordable housing density rules, the maximum allowable units are 49, with open space and parking requirements limiting the total to 46. At less than $90 per square foot of land and just $16,964 per buildable door, this offering presents an exceptional value for developers. With Los Angeles facing a persistent housing shortage and strong rental demand, this property is well-positioned for a high-impact development that aligns with the city's urgent need for more housing. The property is also conveniently located near several parks and recreation centers, including the Green Meadows Recreation Center, which offers a variety of sports facilities and community programs, and the Mary McLeod Bethune Park, featuring playgrounds and picnic areas, both within a mile of the site.
Property Details
- Lot DescriptionCurbs, Fenced, Sidewalks, Tear Down On Lot, Value In Land
- CountyLos Angeles
- ZoningC2-1VL-CPIO
- Original List Price$1,050,000
- Property TypePurchase
- MLS #25510013
- MLS #25510013
- Cost950000
- Property SubtypeLand
Location
Legal
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: CLAWMLS
Listing Courtesy
Listing Agent: Oron Maher (#C137215), Email: oron@mahercr.com
Listing Office: Maher Commercial Realty (#X83092)

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