10425 Avalon Boulevard
Los Angeles, CA 90003
0.22 acres | #SR25049390
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. Don’t miss this rare, turn-key development opportunity!
Property Details
- Lot DescriptionThirtySixToFortyUnitsAcre
- ViewNeighborhood
- CountyLos Angeles
- Utility SourceSeeRemarks
- Original List Price$1,726,000
- MLS #SR25049390
- MLS #SR25049390
- Property TypePurchase
- Cost1726000
- Acres0.2239
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Deborah Moussighi (#SR165113594)
Listing Office: Keller Williams Luxury (#SR0263600)
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