Kidder Mathews is pleased to present a 100% affordable housing development opportunity in Historic South Central, just 1.7 miles southeast of the USC and Exposition Park.The 7,598 SF lot will be delivered RTI for 46 100% affordable units Plans call for 2 studios (average 273 SF) and 44 one-bedroom units (330-360 SF) with no parking required. The 4-story building totals 21,520 gross sf of Type V-A construction. The seller will deliver the project with a complete set of plans fully RTI and a vacant commercial building existing on the site. The project is located walking distance to Wadsworth Elementary, Sally Ride Elementary, Harmony Elementary, Thomas Jefferson High School, Nava College Preparatory Academy, and Ross Snyder Recreation Center.Building amenities include a laundry room, office room, 44 bicycle spaces, and a 3,046 sf roof deck with views of Downtown LA to the north. While the plans call for 46 units, new ownership could re-envision the project to significantly increase the density and number of units
Property Details
Price:
$1,950,000
MLS #:
24451309
Status:
Active
Baths:
0
Address:
4159 S Central Avenue 5115022003
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Oct 10, 2024
State:
CA
ZIP:
90011
Lot Size:
7,600 sqft / 0.17 acres (approx)
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- Address4159 S Central Avenue 5115022003 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4159 S Central Avenue 5115022003
Los Angeles, CA
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