1949 Adair Street, Los Angeles 90011

$1,350,000

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7,195

Lot Size

Listing Agent
Mojgan Yamini - Landmark One Realty

About 1949 Adair Street

39-Unit 100% Affordable Housing Project Rare opportunity to acquire a shovel-ready 39-unit 100% affordable housing project. 39 total units 31 one-bedroom units 8 studio/single units plus 2 additional ADUs, including office space Rooftop deck. No demolition costs, No relocation costs. Ready to break ground Seller is willing to provide seller financing/carryback with a low interest rate for 2 years, providing an attractive opportunity for qualified buyers. This project offers a streamlined path to development with significant pre-development work already completed and no demolition or tenant relocation costs. The seller's willingness to carry financing may further reduce the buyer's upfront capital requirements. Serious buyers/investors are encouraged to inquire for project details, plans, approvals, financials, and seller-financing terms.

Features of 1949 Adair Street

MLS® # 26997937
Price $1,350,000
Bathrooms 0.00
Lot Size 7,195
Type Commercial Sale
Status Active

Community Information

Address 1949 Adair Street
Area C42 - Downtown L.A.
City Los Angeles
County Los Angeles
Zip Code 90011

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed October 7th, 2026
Days on Market 9
Zoning C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMojgan Yamini
OfficeLandmark One Realty

Listing Map

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