4159 S Central Avenue, Los Angeles, CA 90011
The site is fully RTI (Ready to Issue) and ready to break ground. The project consists of a total of 46 units, 100% affordable housing, including 44 one-bedroom units. Construction is straightforward, with efficient building costs and materials. There is alley access at the rear of the property. No parking is required, and there is no tenant relocation involved. The area demonstrates strong demand for affordable housing. The total covenant signed with the City projects an annual income of approximately +/- $1.1 million. The broker representing the sale is a partial owner of the property, and all owners are family related parties.
Lot Size
7,600 sqft
Days on Market
8
HOA Fee
N/A
MLS #
26655245
$0
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
Topfind Realty, DRE # 02240815, is a licensed real estate broker in California. Topfind Realty pledges to support the Fair Housing Act and adhere to Equal Housing Opportunity laws.
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