9218 S Broadway Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $8,610/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: SR25199749

- 244 W 82nd St
- 8426 S Broadway
- 229 W 82nd St
- 8310 S Broadway
- 8420 S Broadway
- 212 W 84th St
- 437 W 81st St
- 132 W 80th St Unit A & B
- 341 343 W 73rd St
- 8115 S Figueroa St
- 531 80 W 80th Los Angeles
- 142 W 85th St
- 520 W 82nd St
- 122 E 83rd St
- 8418 S Main St
- 7704 S Grand Ave
- 210 W 77th St
- 601 W 82nd St
- 531 W 80th St
- 503 W 79th St
- 8027 S Broadway Unit 1
- 140 W 82nd St
- 236 W 84th Place
- 440-470 W 79th St
- 524 W 81st St
- 8418 S Main St
- 607 W 82nd St Unit 201
- 8472 S Main St Unit 8476 1/2
- 644 W 81st St Unit 644
- 624 W 83rd St Unit 626 1/4
- 523 W 78th St Unit 1/2
- 523 W 78th St
- 521 W 78th St
- 614 W 84th St Unit 614
- 614 W 84th St Unit 616
- 716 W 81st St Unit 10
- 532 W 77th St
- 7662 S Main St Unit 2
- 536 W 77th St
- 231 E 84th St