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$1,368,000
Est. payment /mo
1 Bed
9,755 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26018824
Bedrooms 1
Lot Size 9,755 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Avalon
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6063020031
Acceptable Financing Cash, Exchange, Seller May Carry
Listing Terms Cash, Exchange, Seller May Carry
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Listed by Danny Navarro Century 21 Allstars
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