4
See all 4 photos
$1,726,000
Est. payment /mo
9,755 Sqft Lot
New
10425 Avalon BLD Los Angeles, CA 90003
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UPDATED:
03/06/2025 07:12 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25049390
Originating Board California Regional MLS
Lot Size 9,755 Sqft
Property Sub-Type Other Residential 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. 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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Listed by Deborah Moussighi • Keller Williams Luxury