10425 Avalon Boulevard, Los Angeles

$2,161,000

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0 Bed
0 Bath
.22 Acre
0 Garage

We are proud to present for sale a Ready-to-Issue 38 Unit Affordable Housing Construction Project in South Los Angeles. Already FULLY RTI, this project, on a 9,754 SF C2 lot with 14,800 SF of rentable square footage (per LAHD Table of Rental Units), is ready to go! The 3 story slab-on-grade design has paid special attention to savings, with cost-effective stacked and mirrored units. Situated on a corner lot with an alley, this project has no parking but the neighborhood benefits from good transit options. Schedule 1 & 6 LAHD rents allow for the higher 1 bedroom rental amounts that Schedule 9 reduced. No RSO nor replacement issues. The property has no retail component to complicate things and the lot is already demolished! DWP Power System Engineering and MEP are ready to go! Come and break ground...this property is waiting for you!

Essential Information

MLS® #
24367419
Price
$2,161,000
Bathrooms
0.00
Acres
0.22
Type
Land
Status
Active

Community Information

Address
10425 Avalon Boulevard
Area
C37 - Metropolitan South
City
Los Angeles
County
Los Angeles
Zip Code
90003
Senior Community
N

Additional Information

Date Listed
March 11th, 2024
Days on Market
65
Zoning
C2-1VL-CPIO Tier 1

Listing Details

Agent
Dario Svidler
Office
Keller Williams Beverly Hills

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Dario Svidler - Keller Williams Beverly Hills

Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 6:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.