Property Detail

10425 Avalon

Los Angeles CA 90003

$1,726,000

Status: Active

Property Details

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 © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Marlene Kindt

Marlene Kindt

CA DRE #02087349
Brokerage DRE#
Inquire Now
realestateisgreat! Real estate 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Realtor® # # # https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Keller Williams La Jolla 7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037 02087349 697810 01932411 https://www.realtor.com/realestateagents/5de6d3955e36820013979742 01932411 8584579400