$1,344,000

Estimated payment $8,610/month

Total Views 5,395
0.15 Acre
$8,948,069 Price per Acre
6,543 Sq Ft Lot

About This Lot

**Fully RTI** Entitled 21,745 SF development site located at 9214 & 9218 S. Broadway. The property is zoned C2 and currently improved with a commercial building. Plans are approved for a 5-story, 42-unit multifamily development with 18,398 SF of net rentable area on a 6,543 SF combined parcel. RTI plans will be delivered at the close of escrow, allowing the buyer to bypass entitlement risk and proceed directly to permitting and construction. Designed as 100% affordable housing under AB 2345, the project benefits from incentives including no parking requirement, streamlined density, and efficient build-out. *** Projected Gross Monthly Income is $93,570, with a Projected Gross Annual Income of $1,122,840.*** T. Strategically positioned along the South Broadway corridor, this transit-oriented site is steps from Metro Bus Line 45 and offers direct access to the I-110 and I-105 freeways, connecting to Downtown LA, USC, Inglewood, LAX, and the South Bay employment hubs. This offering presents a rare opportunity for developers and investors to deliver stable, income-restricted housing in a supply-constrained market supported by strong rental demand and ongoing public/private investment in the South Los Angeles corridor.

Listing Agent

Rana Khanjani

Sync Brokerage Brokerage Phone: 818-723-9071 License #02021891 Listed on: 09/05/2025

Property Details

Property Type

  • Land

Lot Details

  • 6,543 Sq Ft Lot
  • Value in Land
  • Property is zoned LAC2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4209
  • Assessor Parcel Number 6040039004
  • $761 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC2
  • Property Type: Land
  • Parcel Number: 6040039004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 205.41

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 6543.00
  • Lot Size Acres: 0.1502

Multi Family

  • Lot Size Area: 6543.0000 Square Feet

Tax Info

  • Tax Census Tract: 2402.00
  • Tax Lot: 5
  • Tax Tract Number: 4209
  • TaxOtherAnnualAssessmentAmount: 761.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,344,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25199749

California Regional Multiple Listing Service (CRMLS)