725 Broad,
Home For Sale
Previously vested with adjoining parcels for up to 208 units of affordable housing on nearly an acre of land! Seller willing to finance. Introducing an exceptional opportunity for developers and investors to capitalize on a prime vacant land lot located in the vibrant city of Wilmington. Fitting into the LA Harbor Community Plan, this section of Wilmington is set to undergo significant zoning guideline intended to change the look and feel of Wilmington from an industrial port town, to a vibrant and walkable residential neighborhood. This expansive property offers the ideal canvas for a mixed-use development, combining residential and commercial elements to create a dynamic and thriving community. With the potential to accommodate approximately 80 units of affordable housing under ED1 alongside retail stores, this versatile lot is perfectly positioned to cater to the evolving demands of modern urban living. Prime Location: Situated in the heart of Wilmington, this property enjoys a strategic location near the new waterfront development and close to ILWU Union Halls. Strong Market Potential: With the ongoing growth and development in Wilmington, this property is strategically positioned to capitalize on the demand for mixed-use spaces. Offering includes additional APNs. Buyer to verify all info.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 90744
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- MLS® #:
- SB23092534
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- Square Ft:
- 13,681
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- Lot Size:
- 0.31
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- Neighborhood:
- WILMINGTON (90744)
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Listing information last updated on July 13th, 2024 at 3:30am PDT.