11151 S Broadway

11151 S Broadway, Los Angeles, CA 90061

  • For Sale $1,250,000
  • 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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Contacts

broker

Angelica Gotzev Is this you?

Kidder Mathews

(424) 653-1809

broker

Janet Neman Is this you?

Kidder Mathews

(310) 996-2210

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable
  • Transit Score ®

    70/100 Excellent Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Vermont Vista
  • Zip Code 90061
  • Market Los Angeles

Points of Interest

  • Harbor Freeway

    0.35 miles

  • Vermont/Athens

    0.70 miles

  • Avalon

    1.02 miles

  • 103rd Street/Watts Towers

    2.27 miles

  • Willowbrook/Rosa Parks

    2.49 miles

  • Crenshaw

    2.67 miles

  • Firestone

    2.83 miles

  • Florence

    3.54 miles

  • Hawthorne/Lennox

    4.06 miles

  • Compton

    4.10 miles

  • Arco

    0.69 miles

  • 76

    1.86 miles

  • Chevron

    1.92 miles

  • Valero

    1.95 miles

  • Chevron

    2.31 miles

  • Sinclair

    2.49 miles

  • 76

    2.71 miles

  • Shell

    2.86 miles

  • USA Gasoline

    2.87 miles

  • 7-Eleven

    2.90 miles

  • Century / Harbor Park And Ride

    0.36 miles

  • Vermont Ave Park And Ride

    0.71 miles

  • Avalon Park And Ride

    1.05 miles

  • Manchester Park And Ride

    1.78 miles

  • Manchester Park And Ride

    1.86 miles

  • Metro Park and Ride

    2.22 miles

  • Rosecrans Park And Ride

    2.28 miles

  • LADWP Lot

    2.29 miles

  • Willowbrook Park And Ride

    2.42 miles

  • SpaceX Visitor Lot

    2.68 miles

  • El Don Motel

    1.10 miles

  • Polaris Motel

    1.34 miles

  • Monterey Motel

    1.59 miles

  • Central Inn

    2.14 miles

  • Dream Inn

    2.72 miles

  • Travel Inn Motel

    2.73 miles

  • Best Western Plus Gardena Inn & Suites

    2.78 miles

  • Palm Inn

    2.84 miles

  • Kings Motel Inglewood

    2.99 miles

  • Touristlodge

    3.18 miles

  • Three Bears Barbeque

    0.64 miles

  • All Flavor No Grease

    1.15 miles

  • McDonald's

    1.77 miles

  • El Unico

    1.84 miles

  • Roscoes House of Chicken and Waffles

    1.84 miles

  • The Burger Place

    1.86 miles

  • McDonald's

    1.89 miles

  • McDonald's

    1.95 miles

  • Taqueria El Tacorin

    2.14 miles

  • Burger King

    2.26 miles

  • Ascension School

    0.13 miles

  • Figueroa Elementary School

    0.15 miles

  • Washington Primary Center

    0.57 miles

  • Gompers Middle School

    0.61 miles

  • 107th Street Elementary School

    0.67 miles

  • 118th Street Elementary School

    0.75 miles

  • Alain Leroy Locke High School

    0.80 miles

  • Woodcrest Elementary School

    0.85 miles

  • The Audrey and Sydney Irmas Youth Activity Center

    0.88 miles

  • Barrett Elementary School

    0.95 miles

  • South Bay Universal Development Center

    4.06 miles

  • Vernon Adult Day Program

    5.24 miles

  • Ralph M. Parsons Preschool

    5.39 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.69 miles

  • HIC Daycare

    6.29 miles

  • Manhattan Academy Infant Center

    6.51 miles

  • Rancho Los Amigos Daycare

    7.06 miles

  • Codela Pre-School

    7.11 miles

  • The Academy at Manhattan Beach

    7.11 miles

  • Creative Kids Preschool

    7.32 miles

Frequently Asked Questions

What is the lease rate for 11151 S Broadway?

Rental asking rate at 11151 S Broadway is $625,000.00/YR.

What is the total square footage of 11151 S Broadway?

11151 S Broadway totals 16,850 square feet.

When was this property built?

11151 S Broadway was built in 1922.

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