$1,499,000

10425 Avalon Boulevard, Los Angeles, CA 90003

Land
Built in ——
9,753sqft lot
—— car garage
$——/sqft
Listed 8 months ago

Property 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. Don’t miss this rare, turn-key development opportunity!

Listing Status:: Active
Date Added:: March 6, 2025 at 06:00AM
Listing Office:: Keller Williams Luxury : 562-961-1400
Listing Agent:: Deborah Moussighi : 562-961-1400
MLS ID:: SR25049390

HOA Amenities: 0.0
Originating MLS: CRMLS
County: Los Angeles

Zoning: LAC26063020031
View: NeighborhoodView

Water: See Remarks

Source: CRMLS

This listing courtesy of Deborah Moussighi, Keller Williams Luxury

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

109th Street School

10915 McKinley Ave, Los Angeles, CA, 90059

Grades KG-5

0.39 miles away

Samuel Gompers Middle School

234 E 112th St, Los Angeles, CA, 90061

Grades 6-8

0.66 miles away

Alain Leroy Locke College Preparatory Academy

, Los Angeles, CA, 90061

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.