10425 Avalon, Los Angeles, CA 90003

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,499,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25049390

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 110 S Exit Century Blvd.Turn Left Right On S Avalon

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 6063020031

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Listed by Deborah Moussighi Keller Williams Luxury

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10425 Avalon Los Angeles, CA 90003