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$ 1,368,000
Est. payment | /mo
9,755 Sqft Lot
$ 1,368,000
Est. payment | /mo
9,755 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26018840
Lot Size 9,755 Sqft
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 AVALON
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 6063020031
Acceptable Financing Cash, Exchange, Seller May Carry
Listing Terms Cash, Exchange, Seller May Carry
Listed by Danny Navarro Century 21 Allstars
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "