Description
Fully rti-approved project in a high-demand, transit-accessible pocket of mid-wilshire. this 7,406 sf r4-zoned lot (toc tier 2) comes with ready-to-issue permits for a 27-unit 100% affordable housing development, including 26 one-bedroom units and one studio. approved plans offer approximately 12,940 sf of rentable space and 15,360 sf of gross building area. projected monthly income is approximately $62,928, based on hacla section 8 rents—offering strong long-term cash flow and attractive cap rate potential. located in 90019, a centrally located, rapidly growing neighborhood with easy access to major employment hubs including downtown la, culver city, and beverly hills. the property is close to public transit, metro lines, and major freeways, making it ideal for tenants who value connectivity. surrounded by a strong rental market, cultural amenities, retail, and dining—this is a standout opportunity for developers and investors seeking a fully entitled, shovel-ready affordable housing project in a thriving los angeles location.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49553023
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.17
- Lot Size Source: Assessor
- Lot Size Square Feet: 7406
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Listing Information
Listing Price Information
- Original List Price: 1,350,000
- Listing Contract Date: 2025-04-29
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5083033018
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 4213
- Directions: West Blvd. Between Pico & Venice
- Zoning: LAC2
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 05/22/2025 @ 11:05
- MLS: SR25094278
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,406 sized lot, and 0 parking. are nearby neighborhoods.