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32965866
32816629

4159 S Central Ave, Los Angeles, CA 90011

BB
Crexi Contact
Commercial Real Estate Exchange Inc
RG
CA 01780045
Colliers - Los Angeles - Woodland Hills, California
AS
CA 02268187
Colliers International Los Angeles Encino
Listed by Colliers - Los Angeles - Woodland Hills, California, Colliers International Los Angeles Encino, Commercial Real Estate Exchange Inc
Starting bid: $400,000
Bidding Starts:
July 13th, 2026 4:00 pm

46-unit RTI project

Details
APN 5115-022-003
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 21,520
Units 46
Broker Co-Op Yes
Stories 4
Lot Size (SqFt) 7,598
Zoning LAC2-2D-CPIO

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

BB
Crexi Contact
Commercial Real Estate Exchange Inc
RG
CA 01780045
Colliers - Los Angeles - Woodland Hills, California
AS
CA 02268187
Colliers International Los Angeles Encino
Listed by Colliers - Los Angeles - Woodland Hills, California, Colliers International Los Angeles Encino, Commercial Real Estate Exchange Inc

Map

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Additional Information

Name
Reza Ghobadi
License
01780045
Brokerage
Colliers International
Brokerage Phone
818-325-4142
Brokerage Address
6324 Canoga Ave
Name
Anthony Steele
License
02268187
Brokerage
Colliers
Brokerage Phone
8183254129
Brokerage Address
6324 Canoga Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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