Description
We are pleased to present a unique affordable housing development opportunity at 4303-4313 w pico blvd in mid city. plans call for 152 income-restricted housing units with an ideal unit mix of 81 singles and 71 one-bedrooms with no parking required. the discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease-up options and flexibility at completion. the six-story mid-rise project is designed with a stacked design, utilizing type iii over type i construction for expedited construction and reduced costs. the project also includes 7,747 sf of open space, allowing a developer to provide additional amenities or supportive housing services for residents. the project is offered at a low $39,474 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. the existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48458527
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3791
- Lot Size Source: Assessor
- Lot Size Square Feet: 16514
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Listing Information
Listing Price Information
- Original List Price: 6,000,000
- Listing Contract Date: 2025-01-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5082022006
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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: C18 - Hancock Park-Wilshire
- Postal Code Plus 4: 3134
- Directions: Corner of S Victoria Ave & W Pico Blvd
- Zoning: LAC4
- Source Property Type: Land
- Area: C18 - Hancock Park-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/31/2025 @ 07:06
- MLS: 25491423
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 16,514 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90019, this Los Angeles County Land are nearby neighborhoods.