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
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$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
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