11151 S Broadway

Description

The variety of buildings at 11151 S. Broadway offers buyers options of how to live, develop, or go a new and different way from the ground up. This mixed-use property is currently configured as two residential single-family dwellings which face 111th: 1) 306 W. 111th Pl., a vacant 2BR/1BA 1,050 sq.ft. second-story dwelling with an oversized two-car garage beneath it, and 2) 310 W. 111th Pl., an occupied 1BR/1BA 468 sq.ft. detached home. Two occupied institutional buildings front Broadway: 3) 11151 S. Broadway which totals 953 sq.ft., and 4) 11153 S. Broadway, which totals 504 sq.ft. Both of these structures are zoned in public records as places of worship. According to public records, the current total interior sq.ft. of all the structures combined is 2,975 sq.ft. The 7,286 sq.ft. lot, located on the corner of Broadway and W. 111th Place, is perfectly sited in the middle of a rapidly gentrifying area of South Los Angeles. The complex of four detached buildings is close to DTLA, minutes from SoFi Stadium, LAX, USC, and Exposition Park. The neighborhood immediately surrounding this location has several development projects in the works. 11151 S. Broadway provides an opportunity to succeed in an area that is set to grow and thrive in the near future. Buildings will be sold as-is, with 2 tenants in-place.