Overview
Property ID: HZSR25049390
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!
Address
Open on Google Maps- Address Avalon
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90003
Details
Updated on August 2, 2025 at 12:07 am- Property ID: HZSR25049390
- Price: $1,499,000
- Land Area: 0.2239 SquareFeet
- Property Status: Land
- Listed by: Deborah Moussighi
- DRE #: 01487871
- Contact Mail: debbymoussighi@yahoo.com
- Brokered by: Keller Williams Luxury
Features
Mortgage Calculator
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