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!
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!
Property Details
Price:
$1,726,000
MLS #:
SR25049390
Status:
Active
Baths:
0
Address:
10425 Avalon Boulevard 6063020031
Type:
Land
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
90003
Lot Size:
9,755 sqft / 0.22 acres (approx)
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36-40 Units/ Acre
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- Address10425 Avalon Boulevard 6063020031 Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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10425 Avalon Boulevard 6063020031
Los Angeles, CA
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