$2,161,000

10425 Avalon Boulevard, Los Angeles 90003

9,755

Lot Size

Listing Agent
Dario Svidler - Keller Williams Beverly Hills

We are proud to present for sale a Ready-to-Issue 38 Unit Affordable Housing Construction Project in South Los Angeles. Already FULLY RTI, this project, on a 9,754 SF C2 lot with 14,800 SF of rentable square footage (per LAHD Table of Rental Units), is ready to go! The 3 story slab-on-grade design has paid special attention to savings, with cost-effective stacked and mirrored units. Situated on a corner lot with an alley, this project has no parking but the neighborhood benefits from good transit options. Schedule 1 & 6 LAHD rents allow for the higher 1 bedroom rental amounts that Schedule 9 reduced. No RSO nor replacement issues. The property has no retail component to complicate things and the lot is already demolished! DWP Power System Engineering and MEP are ready to go! Come and break ground...this property is waiting for you!

Facts & Features

MLS® # 24367419
Price $2,161,000
Bathrooms 0.00
Lot Size 9,755
Type Land
Status Active

Community Information

Address 10425 Avalon Boulevard
Area C37 - Metropolitan South
City Los Angeles
County Los Angeles
Zip Code 90003

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed March 11th, 2024
Days on Market 48
Zoning C2-1VL-CPIO Tier 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDario Svidler
OfficeKeller Williams Beverly Hills

Listing Map

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