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. don’t miss this rare, turn-key development opportunity!
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48859669
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2239
- Lot Size Source: Assessor
- Lot Size Square Feet: 9755
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Listing Information
Listing Price Information
- Original List Price: 1,726,000
- Listing Contract Date: 2025-03-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 6063020031
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 4922
- Directions: 110 S Exit Century Blvd.Turn Left Right On S Avalon
- Zoning: LAC2
- Source Property Type: Land
- Area: 699 - Not Defined
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/21/2025 @ 01:52
- MLS: SR25049390
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 9,755 sized lot, and 0 parking. are nearby neighborhoods.