#25490889, Casey Lins, Listing Office: Kidder Mathews of California, Inc.
#24460697·
Listing Office: Keller Williams Beverly Hills·
Listing Agent: Jordan Petito·
Listing Office Phone: 310-432-6400
11151 S Broadway Los Angeles, CA 90061
$1,590,000 List price
0.2 acres
Land
Property details
About 11151 S Broadway
Partners CRE is proud to present for sale a ready-to-issue (RTI) 40-unit, 100% affordable housing development on a 7,286 SF lot at 11151 S Broadway in Los Angeles. Designed to offer efficient, affordable housing, this project provides significant value to developers seeking a cost-effective development opportunity in the Los Angeles market. The proposed development features a 16,479 SF, four-story, Type V-A construction with a compact, stacked design that maximizes space. With zero parking spaces, the design focuses on efficient, affordable living. All 40 units are thoughtfully composed of 9 studios, 30 one-bedroom, and 1 two-bedroom apartments. Affordable Housing Designation:* 2 Very Low-Income Unit* 31 Low-Income Units* 6 Moderate-Income Units* 1 Market-Rate Manager's UnitRent levels for very low and moderate-income units adhere to HCD Schedule VI, while rents for low-income units follow HUD Schedule I. The property's location may attract Section 8 voucher tenants, offering potential for increased income by approximately 20% per unit. Delivered vacant at COE, this property offers an exceptional opportunity for developers to enter the affordable housing market with a fully RTI project.
Highlights
Home typeOther
StatusActive
Lot size0.1673 Acres
MLS #24460697
Summary
- MLS Number: 24460697
- MLS Name: CRMLS
- Office Name: Keller Williams Beverly Hills
- Office Phone: (310) 432-6400
- Listing Agent: Jordan Petito
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,590,000
11151 S Broadway
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 06, 2023 | Home Sold | $875,000 |
| May 04, 1989 | Home Sold | $85,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $892,500 | $11,517 |
| 2023 | $153,282 | $2,645 |
| 2022 | $150,278 | $2,548 |
| 2021 | $147,332 | $2,502 |
| 2020 | $145,822 | $2,440 |
| 2019 | $142,964 | $2,319 |
| 2018 | $140,162 | $2,274 |
| 2017 | $137,414 | $2,274 |
History based on county public records data.
Nearby schools
3
Figueroa Street Elementary School
Public District KG-5
0.3 mi
•510 W 111th St
3
107th Street Elementary & STEAM Magnet
Public District PK-5
0.6 mi
•147 E 107th St
4
118th Street Elementary
Public District KG-5
0.6 mi
•144 E 118th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,491. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
70%
<35k
22%
35k-100k
6%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
30%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
31%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 11151 S Broadway
This home is located at 11151 S Broadway in Los Angeles, CA and zip code 90061 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,590,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.