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Fully RTI 38-Unit Affordable Housing Development Opportunity – South LAA 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 developmentNO RSO & NO replacement unit requirementsSlab on grade construction – No parking requiredLAHD Schedules 1 & 6 rents allow for higher one-bedroom rental ratesNo retail component – 100% residential focusLocated 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 Type(s):
Lot/Land/Acreage
| Last Updated | 3/6/2025 | Community | Not Defined |
|---|---|---|---|
| County | Los Angeles |
Additional Details
| AREA | Not Defined |
|---|---|
| HOA DUES | 0 |
| LOT | 9755 sq ft |
| LOT DESCRIPTION | 36-40 Units/Acre |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | See Remarks |
| ZONING | LAC2 |
Location
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Listed with Keller Williams Luxury
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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