The approved plans feature 28 one-bedroom and four two-bedroom units, including four deed-restricted extremely low-income units. With no tenant relocation required, this project provides investors with the chance to capitalize on Los Angeles' affordable housing incentives, including Section 8 rental potential and no parking requirements under AB 2097. Priced at just $36,719 per buildable unit and $146 per SF, the property is an attractive option in a high-demand rental market. Boyle Heights remains a thriving investment market located near schools, major employment centers in the Arts District, Vernon, and Downtown LA, and well-connected by Metro transit options. This site is ideally positioned for renters seeking convenience and accessibility.
For sale
$975,000
3229 Whittier Blvd, Los Angeles, CA 90023
36beds
32baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$983,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 7 days
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