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$ 1,526,000
Est. payment | /mo
9,753 Sqft Lot
$ 1,526,000
Est. payment | /mo
9,753 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25049390
HOA Y/N No
Lot Size 9,753 Sqft
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. Don't miss this rare, turn-key development opportunity!
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!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Biking
View Y/N Yes
View Neighborhood
Building
Lot Description 36-40 Units/Acre
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 6063020031
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Deborah Moussighi Keller Williams Luxury 818-585-2758
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Diana & Jeremy LeClair
REALTOR® | Lic# DRE: 02064887 + 02161730
23046 Avenida De La Carlota suite 600 Laguna Hills, CA, 92653