10425 Avalon Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25049390
HOA Y/N No
Lot Size 9,755 Sqft
Acres 0.2239
Property Sub-Type Lots/Land
Property Description
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. Dont miss this rare, turn-key development opportunity!
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. Dont miss this rare, turn-key development opportunity!
Location
State CA
County Los Angeles
Area Los Angeles (90003)
Building
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional