9825 S Broadway Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated payment $5,161/month
About This Lot
We are pleased to present an exceptional opportunity to acquire an approximately 11,064-square-foot parcel zoned C2-1VL-CPIO, TOC Tier 3, in South Central Los Angeles. The site is currently underutilized, featuring a 1,857-square-foot church structure and an additional bungalow that does not appear to be affixed to the land. Property uses include recycling center, tow yard, vehicle storage, property storage, auto service, auto body work, construction equipment storage, tire supplier, community services. 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 to 56. 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 $71.85 per square foot of land and just $14,196 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
Property Type
- Land
Est. Annual Taxes
- $9,251
Lot Details
- 0.25 Acre Lot
- Fenced
- Value in Land
- Tear Down
- Property is zoned C2-1VL-CPIO
Location
- City Lot
Listing and Financial Details
- Assessor Parcel Number 6053-017-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,251 | $697,068 | $478,584 | $218,484 |
| 2024 | $9,251 | $683,400 | $469,200 | $214,200 |
| 2023 | $10,033 | $749,088 | $520,200 | $228,888 |
| 2022 | $9,599 | $734,400 | $510,000 | $224,400 |
| 2021 | $9,484 | $720,000 | $500,000 | $220,000 |
| 2020 | $6,756 | $478,033 | $329,680 | $148,353 |
| 2019 | $6,517 | $468,661 | $323,216 | $145,445 |
| 2018 | $6,272 | $459,473 | $316,879 | $142,594 |
| 2016 | $5,998 | $441,633 | $304,575 | $137,058 |
| 2015 | $6,906 | $518,180 | $277,167 | $241,013 |
| 2014 | $6,928 | $508,030 | $271,738 | $236,292 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $795,000 | -16.3% | -- |
| 07/15/2025 07/15/25 | For Sale | $950,000 | 0.0% | -- |
| 06/27/2025 06/27/25 | Off Market | $950,000 | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $950,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | Price Changed | $950,000 | -9.5% | -- |
| 03/11/2025 03/11/25 | For Sale | $1,050,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Provident Title Company | |
| Grant Deed | $210,000 | Provident Title Company | |
| Trustee Deed | $898,747 | Accommodation/Courtesy Recordi | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Netco Title Company | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Grant Deed | $435,000 | Fidelity | |
| Grant Deed | $430,000 | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Trustee Deed | $68,811 | American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $699,000 | Commercial | |
| Previous Owner | $475,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $399,000 | Commercial | |
| Previous Owner | $200,000 | Construction | |
| Previous Owner | $200,000 | Commercial |
Source: The MLS
MLS Number: 25510013
APN: 6053-017-014
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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