RTI Ready To Issue - 11,592 SF Redevelopment Lot - ED1 | 100 % Affordable Housing
47 UNITS
Marketing description
For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | [email protected].
4424-4428 S. Western Avenue, Los Angeles, CA 90062 presents an exceptional opportunity for affordable housing development in South Los Angeles. This shovel-ready project offers a four-story, 47-unit Type V-A apartment building with a roof deck open space and no on-site parking requirement. Situated in a Transit Oriented Community Tier 3 zone, the property benefits from density and parking incentives, making it a prime investment for developers and investors seeking a streamlined and cost-effective development process. Featuring a unit mix of all one-bedroom units, this fully entitled project caters to Very Low-Income and Low-Income households in a high-demand market. With full entitlements and readiness to issue building permits, this offering is ideal for mission-driven developers, non-profit organizations, or LIHTC-focused investors looking to make a difference in Los Angeles' housing landscape. Contact us today for the full due diligence package and seize this opportunity to deliver much-needed affordable housing while maximizing your investment potential!
· Non-Contingent
· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
· Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
· $10,000 Participation Deposit
4424 - 4428 S Western Ave, Los Angeles, CA 90062
Investment highlights
- ED1 Project - 100% Affordable Housing
- 47 Units
- PRIME LOS ANGELES REAL ESTATE
- 11,592 SqFt
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