46-unit RTI project
Land Development Opportunity
Marketing description
For registration requirements and regulations, please review here or contact Blake Batula | 916.380.7406 | [email protected].
A compelling land development opportunity in the heart of South Los Angeles. This RTI project is ready to pull permits and break ground for a new 4-story, 46-unit multifamily community totaling approximately 21,520 square feet on a ±7,598 square foot lot. Designed as a 100% affordable housing development, the approved plan includes 45 one-bedroom units and 1 studio, with no parking required under TOC Tier 2 incentives. The project also provides 44 bicycle parking spaces and an on-site laundry facility, creating an efficient, transit-oriented design tailored to today’s urban housing needs. Positioned along Central Avenue with convenient access to the 10 and 110 Freeways, Vernon Station, Downtown Los Angeles, USC, and major employment hubs, the site offers outstanding connectivity in a dense renter-majority market. With strong local housing demand and an entitlement path already in place, this is a rare chance to accelerate development in one of Los Angeles’ most supply-constrained submarkets. Auction starting bid: $400,000. Auction dates: July 13–15, 2026!
- 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
4159 S Central Ave, Los Angeles, CA 90011
Investment highlights
- 46-unit RTI project
- Minimum requirement per TOC guideline for Tier 2
- 100% Affordable - No parking required
- 40 Long term and 4 short term bicycle parking
- Lot size: ±7,598 square feet
- Gross Building Area: ±21,520 square feet
- Zoning: C2-2D-CPIO
Contacts
Map
Broker Selected Comps View More Comps
Similar Properties
Additional Information
Is there information that looks off?
















