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$ 1,499,000
Est. payment | /mo
$ 1,499,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25049390
Property Sub-Type Lots/Land
Property Description
Fully RTI 38-Unit Affordable Housing Development Opportunity South LA A prime investment opportunity in the heart of South Los Angeles! This fully RTI (Ready-To-Issue) permitted 38-unit, 100% affordable housing project sits on a 9,754 SF corner lot with alley access. Key Highlights: Shovel-ready Site already demolished for immediate development NO RSO & NO replacement unit requirements Slab on grade construction No parking required LAHD Schedules 1 & 6 rents allow for higher one-bedroom rental rates No retail component 100% residential focus Located in a high-demand rental market, this project is designed to maximize affordability while ensuring strong, sustainable returns. Dont miss this rare, turn-key development opportunity!
Location
State CA
County Los Angeles
Direction 110 S Exit Century Blvd.Turn Left Right On S Avalon
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 6063020031
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Deborah Moussighi Keller Williams Luxury
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