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8701 S Western AveLos Angeles, CA 90047
8701 S Western
Asset ClassLand, Multifamily
Land1.9 Acres
# Units: 160Site Area: 84.15 K Sq. FtAccess Data Room
Rare 1.9-Acre Site Near SoFi Stadium Affordable, Retail, or Hotel Development Opportunity
overview of deal

Overview

Kidder Mathews is pleased to present a fully entitled 100% affordable housing development opportunity in Gramercy Park in South LA, just 1.6 miles east of SoFi Stadium, Kia Forum, and the Intuit Dome. The property is well positioned to benefit from major events such as the 2028 Olympics, 2027 Super Bowl LXI, and the 2026 FIFA World Cup.

 

The 84,155 sf / 1.9 acre lot will be delivered RTI with plans for 160-units 100% affordable and 6,853 SF of commercial space across two 4- and 5- story buildings.

 

A developer could utilize the current plans or do the following:

  • Higher density affordable development site
  • Commercial retail and/or hotel site
  • Lot split the site into smaller separate projects with different capital structures
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Investment Highlights

# Units
160

Highlights

Property Highlights
Traffic Counts
26,155 - Western Blvd / 35,703 - Manchester Ave
APN
6063-011-003, 004, 005, 006, 017, 018, 019, 033, 034
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8701 S Western AveLos Angeles, CA 90047

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