Listing by: Dario Svidler, Keller Williams Beverly Hills

0 Beds

n/a Full bath

n/a SqFt

Active

We are proud to present for sale a Ready-to-Issue 38 Unit Affordable Housing Construction Project in South Los Angeles. Already FULLY RTI, this project, on a 9,754 SF C2 lot with 14,800 SF of rentable square footage (per LAHD Table of Rental Units), is ready to go! The 3 story slab-on-grade design has paid special attention to savings, with cost-effective stacked and mirrored units. Situated on a corner lot with an alley, this project has no parking but the neighborhood benefits from good transit options. Schedule 1 & 6 LAHD rents allow for the higher 1 bedroom rental amounts that Schedule 9 reduced. No RSO nor replacement issues. The property has no retail component to complicate things and the lot is already demolished! DWP Power System Engineering and MEP are ready to go! Come and break ground...this property is waiting for you!

Property Details
Price $2,161,000
Lot Size 70x140
Lot Size Area 9755
Lot Size Area Units Square Feet
Acres 0.2239
Property Type Land
Geographic Data
Directions Just east of the 110. North of the 105.
County Los Angeles
Latitude 33.941151
Longitude -118.265404
Market Area C37 - Metropolitan South
Address Information
Address 10425 Avalon Boulevard, Los Angeles, CA 90003
Postal Code 90003
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Keller Williams Beverly Hills
Listing Agent Dario Svidler
Buyer Agency Compensation 2.000
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 8
MLS Status Active
Listing Date Mar 11, 2024
Listing Last Modified Mar 19, 2024
Tax ID 6063020031
MLS Area C37 - Metropolitan South
MLS # 24367419

This information is believed to be accurate, but without any warranty.
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