19
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$1,950,000
Est. payment /mo
7,600 Sqft Lot
Price Dropped by $300K
4159 S Central Ave Los Angeles, CA 90011
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UPDATED:
11/15/2024 09:39 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-451309
Lot Size 7,600 Sqft
Acres 0.1745
Property Description
Kidder Mathews is pleased to present a 100% affordable housing development opportunity in Historic South Central, just 1.7 miles southeast of the USC and Exposition Park.The 7,598 SF lot will be delivered RTI for 46 100% affordable units Plans call for 2 studios (average 273 SF) and 44 one-bedroom units (330-360 SF) with no parking required. The 4-story building totals 21,520 gross sf of Type V-A construction. The seller will deliver the project with a complete set of plans fully RTI and a vacant commercial building existing on the site. The project is located walking distance to Wadsworth Elementary, Sally Ride Elementary, Harmony Elementary, Thomas Jefferson High School, Nava College Preparatory Academy, and Ross Snyder Recreation Center.Building amenities include a laundry room, office room, 44 bicycle spaces, and a 3,046 sf roof deck with views of Downtown LA to the north. While the plans call for 46 units, new ownership could re-envision the project to significantly increase the density and number of units
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAC2
Exterior
View Y/N Yes
View Skyline
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Kidder Mathews of California, Inc.