9218 S Broadway, Los Angeles, CA

$1,344,000

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0.15

Acres

About 9218 S Broadway

**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.

Features of 9218 S Broadway

MLS® # SR25199749
Price $1,344,000
Acres 0.15
Type Land
Sub-Type Lots/Land
Status Active

Community Information

Address 9218 S Broadway
Area LOS ANGELES (90003)
City Los Angeles
County Los Angeles
State CA
Zip Code 90003

Amenities

Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Exterior

Lot Description Curbs

Additional Information

Date Listed September 5th, 2025
Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSync Brokerage

Listing Map

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