92-Unit Affordable Housing Development


Los Angeles, CA 90011

92-Unit Affordable Housing Development

$3,500,000
Price
2
# of parcels
$274
Price Per SF
[Q]R4-1
Zoning Type
12,751
Land SF
Fee Simple
Ownership Type
$3,500,000
Price
2
# of parcels
$274
Price Per SF
[Q]R4-1
Zoning Type
12,751
Land SF
Fee Simple
Ownership Type

  • 65 Unit (1 bedroom + 1Bath) 27 Unit (Studio +1 Bathroom) Total: 92 Units
  • Unleash the potential of this prime investment opportunity in the vibrant heart of Downtown Los Angeles! This fully entitled 92-unit multifamily project, boasting a mix of 65 one-bedroom units and 27 studios, is ready to go with RTI status. The stage is set for you to transform this plot into a lucrative venture that not only promises substantial returns but also contributes to the community by providing much-needed affordable housing options.

  • The property is located in the Historic South Central neighborhood of Los Angeles, known for its cultural diversity and historic significance.
  • Nearby attractions include the California Science Center, which features interactive exhibits and the Space Shuttle Endeavour.
  • The University of Southern California (USC) campus is a short distance away, providing a hub for education and community events.
  • The neighborhood offers a mix of residential and commercial spaces, with a variety of dining options representing different cuisines.
  • Accessibility is convenient with nearby major roads such as the I-110 freeway, facilitating transportation in and out of the area.
FOR MORE DETAILS CONTACT
Michael Mehdizadeh
Sr. Vice President
(310) 466-9580
michael@iaginco.com
01315713