4159 S Central Avenue 5115022003
Los Angeles, CA, 90011
$1,720,000
Beds
0 Baths
SqFt
0.17 Acres
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MLS #25552287 image #0
An exceptional development opportunity in a prime South Los Angeles location. This fully approved site is entitled for 46 units of 100% affordable housing, offering a valuable asset for developers focused on socially impactful and income-generating projects. Key Highlights: Entitlements Approved: Plans fully approved for 46 units45 one-bedroom units and 1 single/studio unit. Affordable Housing: All units designated as affordable, aligning with city and state incentives. No Underground Parking Required: Simplifies construction and reduces development costs. Transit-Oriented Location: Convenient access to bus lines and daily necessities, enhancing tenant accessibility and appeal. Alley Access: Rear alley facilitates easier construction logistics and future service access. Vacant Building: No current tenants; no relocation required under the Ellis Act. Projected Gross Income: Approximately $1.1 million/year upon stabilization (subject to rent levels and management).This site is ideal for developers looking to execute a high-impact, lower-barrier affordable housing project in a high-demand area of Los Angeles. The clean entitlement status and absence of relocation obligations make this a turn-key development opportunity. The listing broker/agent is part owner.

Property Details

Price:
$1,720,000
MLS #:
25552287
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
c42downtownla
Listed Date:
Jun 13, 2025
Lot Size:
7,600 sqft / 0.17 acres (approx)
C42downtownla

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Market Summary

Current real estate data for Land in Los Angeles as of Oct 21, 2025
506
Land Listed
322
Avg DOM
$1,714,389
Avg List Price

Property Summary

    4159 S Central Avenue 5115022003 Los Angeles CA is a Land for sale in Los Angeles, CA, 90011. It is listed for $1,720,000 and features 0 acres.

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4159 S Central Avenue 5115022003
Los Angeles, CA