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!
Lot/land
Listing Provided by:
Deborah Moussighi DRE #01487871 818-585-2758,
Keller Williams Luxury
Price cut: $27K (8/1)
$1,499,000
10425 Avalon Blvd #399, Los Angeles, CA 90003
--beds
--baths
9,755Square Feet
Unimproved Land
Built in ----
9,755 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lotAlley access
- 228 days |
- 33 |
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