10425 Avalon BLVD new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25049390
Lot Size 9,753 Sqft
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 LAC2
Exterior
Community Features Biking
View Y/N Yes
View Neighborhood
Building
Lot Description 36-40 Units/Acre
Water See Remarks
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard