Property Detail
Description
Fully RTI 38-Unit Affordable Housing Development Opportunity South LA A prime investment opportunity in the heart of South Los Angeles! This fully RTI (Ready-To-Issue) permitted 38-unit, 100% affordable housing project sits on a 9,754 SF corner lot with alley access. Key Highlights: Shovel-ready Site already demolished for immediate development NO RSO & NO replacement unit requirements Slab on grade construction No parking required LAHD Schedules 1 & 6 rents allow for higher one-bedroom rental rates No retail component 100% residential focus Located in a high-demand rental market, this project is designed to maximize affordability while ensuring strong, sustainable returns. Dont miss this rare, turn-key development opportunity!
Map Location
Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-03-07 10:18:26.000000. Listing information © 2025 SANDICOR.
Marsha Pellar
DRE# 01239460
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DRE#: 01239460
1299 Prospect St Suite 100 La Jolla, CA 92037
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