Listed by Colliers - Los Angeles - Woodland Hills, California
$1,140,000
RTI Land: 8304 S. Broadway, Los Angeles CA
Details
APN 6031-035-018, 6031-035-019
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 15,865
Stories 4
Lot Size (SqFt) 6,130
Zoning C2-1VL-CPIO
Investment Type Redevelopment
RTI Land | 30 Units | Ready to Pull Permit | Multifamily
Marketing description
Bounded by Interstate 110 to the west, Canndu/Avalon Gardens is a buzzing residential community approximately eight miles south of Downtown Los Angeles. Along the way, you'll pass Exposition Park, the Natural Historic Museum of Los Angeles County, and the University of Southern California. This area sits near Huntington Park and provides renters with affordable housing options, a quick commute into the heart of the city, and walkable avenues. A variety of public schools, small businesses, retailers, and conveniences are spread throughout the area, but Canndu/Avalon Gardens is mainly residential. Apartments, houses, condos, and townhomes are available for rent and range from affordable to upscale, so there's something for everyone.
Investment highlights
- 4-story type V-A construction
- 30-unit 100% affordable project
- 22 one-bedroom units and 8 studios
- RTI Project - Ready to pull the permit and start construction
- No parking
- Bicycle parking: 28 long-term and 4 short-term
- Lot area: 6,130 square feet
- Project building area: 15,865 square feet
Listing Contacts
Listed by Colliers - Los Angeles - Woodland Hills, California
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