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Listed by Deborah Moussighi • Keller Williams Luxury
$ 1,499,000
Est. payment /mo
Active
10425 Avalon BLD Los Angeles, CA 90003
9,755 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25049390
Lot Size 9,755 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
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!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning D8
Exterior
View Local/Neighborhood
Building
Water Other
Others
Tax ID 6063020031
Special Listing Condition Not Applicable
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