We are proud to present for sale a Ready-to-Issue 38 Unit Affordable Housing Construction Project in South Los Angeles. Already FULLY RTI, this project, on a 9,754 SF C2 lot with 14,800 SF of rentable square footage (per LAHD Table of Rental Units), is ready to go! The 3 story slab-on-grade design has paid special attention to savings, with cost-effective stacked and mirrored units. Situated on a corner lot with an alley, this project has no parking but the neighborhood benefits from good transit options. Schedule 1 & 6 LAHD rents allow for the higher 1 bedroom rental amounts that Schedule 9 reduced. No RSO nor replacement issues. The property has no retail component to complicate things and the lot is already demolished! DWP Power System Engineering and MEP are ready to go! Come and break ground...this property is waiting for you!
OWNER FINANCING AVAILABLE! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
We are pleased to present the sale of 8112-8200 S Broadway, Los Angeles, CA 90003 which consists of a 0.43-acre (18,553 square foot) development site, zoned C2-1VL-CPIO in Tier 1 Transit Orient Communities (TOC). The property consists of 3 parcels, with 2 parcels being contiguous, the northeast corner totaling 12,472 SF and the southeast corner total 6,081 SF. Great opportunity to build 100% affordable housing with little to no parking, in a great Transit and Bike friendly neighborhood.
Development Opportunity in City Terrace - This Hillside Lot with Incredible Views, 11,022 sqft! This is an excellent investment opportunity investment proposition tailored for developers and investors seeking a remarkable opportunity. Near Cal. State LA University hills in Los Angeles). Great location for the university's growing student. The site has great potential for residential development as well, making it an attractive venture for those seeking to create Real estate portfolio. This exceptional opportunity is great for the visionary developer and investor. For further info. please contact Noubar Buyers to verify any and all City ordinances and restrictions regarding redevelopment and/or improvement of this property.
OPPORTUNITY ZONE! ED1 PROJECT DEVELOPMENT to Build 45+ units, Affordable Housing OR OWNER USER RESTAURANT WITH MOST OF THE RESTAURANT EQUIPMENT THERE BIG DINING AND EXTERIOR SITTING AREA AND LOTS OF PARKING. This Prime property Boast a generous 7549 Square foot Corner lot with convenient alley access. Currently , it features a closed restaurant making it a versatile canvas for your nest investment or development venture . Zoning LAC2, TOC TIER 3 . Multiple Apartment projects being built on Main St. Metro LA Near Downtown LA AND USC. Property being sold as is for land value only. Please call listing agent for more info.
REDUCED! We are pleased to present for sale a redevelopment opportunity located at 9413 S Main St., Los Angeles, CA 90003. The property consists of 19,109 SF of CM-1-CPIO Tier 1 ED1 Eligible land on a corner lot that is backed by a 20 foot wide alley. With 147 feet by 130 feet of land, and direct access to an alley, a future building design has room for creativity, especially with the option to limit or eliminate all parking by use of AB 2097 - Main St. features a few Bus Lines along with the Vermont/Main DASH line for future tenants! Build 39+/- Units by TOC or DB, or focus exclusively on Affordable Housing and build 100+ Units on site! The property is in need of a little love and care, but it will be delivered vacant at the close of Escrow.
Do Not Wait to Buy Real Estate. Buy Real Estate and Wait. This 376 Square Foot subject parcel is zoned R2 and shares a lot with a duplex located at 429 W 68th Street. THE SELLER OF THE PARCEL MAY CONSIDER FINANCING FOR A NEW OWNER. E-mail or call with questions.
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross incom
This is an affordable housing development opportunity at 7311 S Figueroa St, located just south of W Florence Ave in South Los Angeles. The 12,480 SF lot will be delivered fully entitled for 144 income-restricted housing units and 1manager unit with no parking required.The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8.Plans call for an efficient seven story project, utilizing Type III over Type IA construction for a stacked design reducing construction costs for the developer. The existing 7 units/retail will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects.The finished project totals 62,735 SF and has a desirable unit mix of 141 x one-bedrooms and 4 x two-bedrooms.The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidie
Partners CRE is thrilled to present an exceptional development opportunity at 8100 S Figueroa Street, Los Angeles, CA 90003. This property features a unique Ready-to- Issue 30 Unit, 100% Affordable Housing Project in South LA on Figueroa! The design is mostly stacked and features a great unit mix with 27, one bedrooms and 3, two bedrooms. The metro 81 bus line travels on Figueroa north and south from Harbor Freeway through DTLA up to Eagle Rock Plaza. The property is conveniently situated within close distance to local amenities and public transportation options, this property holds immense potential for developers looking for an RTI development.
Build your dream home! Great lot at the top of the hill with breathtaking city views in a quiet street in City of Terrace. Close to Cal State LA, DTLA, Pasadena and the 710 and 10 freeways. Single family Architectural plans approved and included.
Prime location in the heart of Monterey Park. Next to condos, across the street from Marie Callender's and Cathay Bank. Close to many restaurants, banks, offices, markets, retail stores and hotel and residential. Ideal for investment or 1031 exchange. Broker/agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, permits and other information concerning the land use. Buyer/agent are advised to verify the accuracy of all information.
Hillside lot for Sale! This parcel includes plans to build a three-level Single Family Home! Plans show 1465 Sq. Ft. with 3 bedrooms, 2 bathrooms, 2 car garage with amazing views. Minutes from Downton Los Angeles, Cal-State University of Los Angeles, USC Medical Center. Conveniently close to Freeways. Lot to be sold with approved building plans and approved grading plans. Permits for grading included ready-to-start grading.
Panoramic Views - Heart of LA. Rare 80' of street frontage, moderate upslope, sidewalks amazing RTI OPPORTUNITY! Highly desireable plans included for over 3500 SF of Storage/Garage/Living space (1,929 Living - 1,163 Storage/loft - 628 Garage). 3 story build w/ retaining wall design advantages to reduce overall build cost. Feng Shui friendly designs incorporated throughout plans will contribute to overall desireability of finished product. The build cost is further reduced by utilizing smart usage of non-liveable storage space totaling over 1700 SF (628 garage + 1,163 storage), strengthening your bottom line with more affordable build cost and providing support for increased top line.
Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an +/-15,222 square foot lot zoned C2-1VL-CPIO. Creative uses include a banquet hall, medical/dental offices and school/daycare*. The property consists of a parking lot and +4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Central Los Angeles. 25 striped parking spaces with entry and exit from Avalon Blvd and 118th Place. A developer can build up to 154 units on the site. This is a very good value at $9,700 per buildable door. The property consists of a +/- 4,028 square foot church on a large 15,222 square foot corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Creative uses include*: Event Space: Ideal for a banquet hall, church, or a venue for large group gatherings, this property features a commercial kitchen, open areas with soaring ceilings, and more. Dental/Medical: This property offers ample parking with 25 striped spaces and zoning fo
*ONLY 1/3 MILE FROM CAL STATE LOS ANGELES!* ATTENTION INVESTORS AND DEVELOPERS....here's your opportunity for the perfect multi-unit project. Preliminary information from the city is that zoning would allow for a duplex (maybe larger), which is ideal due to its extremely close proximity to the college. Come check out the surrounding neighborhood and start brainstorming how to transform this blank canvas into a financial WIN!
This is an affordable housing development opportunity at 843 W82nd St, located between S Vermont Ave and S Hoover St inSouth Los Angeles. The 9,301 SF lot will be delivered fully entitled for87 income-restricted housing units and 1 manager unit with no parking required.The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8.Plans call for an efficient five story project, utilizing Type III construction for a fully stacked design reducing construction costs for the developer. The existing duplex will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects.The finished project totals 48,123 SF and has a desirable unit mix of 4 x singles, 79 x one-bedrooms, and 5 x two-bedrooms.The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies.
The property is 7,500 sf corner lot. The property is RTI (pending Buyer payment of Sewer Fee) for 23 unit (22 1-Bed & 1 3-Bed) apartment building with 1 affordable unit designated for Extremely Low Income. The design of the building allows for a very easy and fluid development process. Approved plans are available upon request.
Developers opportunity. 3.97 Acres raw land. Ready for developer or private party who wants to build houses with spectacular view. This land is adjacent to Monterey Hills Estate. Million dollar homes possible. Property consist of 4 A.P.N # 's 5253-008-036 , 5253-008-024 , 5253-008-061 ,5253-008-023
