Residential Income – 953 S Broadway, Los Angeles, CA 90015, USA -001-11-30T00:00:00-08:00
INCREDIBLE DEVELOPMENT OPPORTUNITY! ALL PLANS APPROVED AND PERMIT READY TO ISSUE The Broadway is a FULLY ENTITLED high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in hip South Park, one of the most exclusive
953 S Broadway, Los Angeles, CA 90015, USA
$20,900,000 USD
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Address953 South Broadway, Los Angeles
Price$20,900,000
Year Built1941
Bedrooms Total0
Living Area7,946 ft2
Lot Size (Sq.Ft.)7,946
Listing IDSR20041827
StatusActive
Parcel Number5139003008
ZoningLAC2
Special ConditionsStandard
Days on Market96

Detailed Description: INCREDIBLE DEVELOPMENT OPPORTUNITY! ALL PLANS APPROVED AND PERMIT READY TO ISSUE The Broadway is a FULLY ENTITLED high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in hip South Park, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. Ft. Lot is fully entitled for the construction of a 166 ft., 184,000 sq. Ft., 15 story residential condominium building offering 163 condominium units and a rooftop poo, spa and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces. Plans call for 50 sq. Ft. Balconies on most units in the complex and 4,920 sq. Ft. Of street level retail space. Neighborhood destinations are The Ace Hotel @ 929 S. Broadway, United Artists / The Theatre at Ace Hotel @ 933 S. Broadway, Umami Burger Broadway @ 852 S. Broadway, Orpheum Theatre @ 842 S. Broadway and Zinque Restaurant @ 939 S. Broadway. Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square and the LA Fashion District are all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units, 2 bedroom: 44 units. APN: 5139003007,5139003008,5139003009 Zoning: [Q] C2-4D-CDO. 9.2 FAR allowed. Anticipated sales prices of around $950 / ft. For the residential units

Laundry
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address953 South Broadway, Los Angeles
Street PrefixSouth
CityLos Angeles
Location (MLS Area)C42 – Downtown L.A.
County Or ParishLos Angeles
CountryUS
Financial Information
Price per Square Foot$2,630.25
Price per Lot Square Foot$2,630.25
Special ConditionsStandard
Tax Year2020
Tax Lot11
Full Descriptions
Parcel Number5139003008
Detailed DescriptionINCREDIBLE DEVELOPMENT OPPORTUNITY! ALL PLANS APPROVED AND PERMIT READY TO ISSUE The Broadway is a FULLY ENTITLED high-rise mixed use development situated on the northwest corner of Broadway and Olympic Boulevard in hip South Park, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. Ft. Lot is fully entitled for the construction of a 166 ft., 184,000 sq. Ft., 15 story residential condominium building offering 163 condominium units and a rooftop poo, spa and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces. Plans call for 50 sq. Ft. Balconies on most units in the complex and 4,920 sq. Ft. Of street level retail space. Neighborhood destinations are The Ace Hotel @ 929 S. Broadway, United Artists / The Theatre at Ace Hotel @ 933 S. Broadway, Umami Burger Broadway @ 852 S. Broadway, Orpheum Theatre @ 842 S. Broadway and Zinque Restaurant @ 939 S. Broadway. Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square and the LA Fashion District are all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units, 2 bedroom: 44 units. APN: 5139003007,5139003008,5139003009 Zoning: [Q] C2-4D-CDO. 9.2 FAR allowed. Anticipated sales prices of around $950 / ft. For the residential units
Lot Features0-1 Unit / Acre
Community FeaturesUrban
Water SourcePublic
Laundry FeaturesInside
Sewer DescriptionPublic Sewer
Pool FeaturesPrivate, Roof Top
Property parameters
Year Built1941
Living Area (Sq.Ft.)7,946 ft2
Lot Size (Sq.Ft.)7,946
Lot Size (Acres)0.182
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total163
ZoningLAC2
Parking Spaces163
Garage Spaces163
Water SourcePublic
Units Total163
Year Built SourceBuilder
Number of Separate Electric Meters163
Number of Separate Gas Meters163
Number of Separate Water Meters163
Listed withRommy Shy (Rommy Shy)
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