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listing
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LandFor Sale
$2,161,000
10425 Avalon Boulevard
Los Angeles, CA 90003
Listed by Dario Svidler DRE#01884474 dario@svidlercre.com Keller Williams Beverly Hills
MLS: California Regional MLS (CRMLS)
9,755Sq Ft
Est. Mortgage
$11,255/mo

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!

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