12007 S Central Ave, Los Angeles, Los Angeles County, CA, 90059 Los Angeles CA US

USD 5,190,000
For Sale MLS: 23-250411

Property Details

Bedrooms

4

Bathrooms

3

Neighborhood

South L.A.

Property Type

Lots And Land

Description

We are proud to exclusively present for sale a Ready-to-Issue 74 Unit 100% Affordable Residential Project! Consisting of 66 One Bedroom / One Bathroom and 8 Studio Units, this project has a stacked design with no parking. Featuring a spacious lobby, Manager's Office and Parcel Room, and 58 bicycle storage spaces, this design also features a massive roof deck for the tenants to enjoy! The design features around 31,500 SF of rentable space with the one bedrooms averaging 430 SF and the studios averaging 353 SF. Just steps to the spacious Magic Johnson Recreation Center, this property is less than a mile away from the Metro C Line Avalon Station. Being a 100% Affordable Housing Project, there are potentially no ULA nor Property Tax concerns for this project once construction has completed. Potential to rent to Section 8 Tenants for higher income. Already RTI. Demo Permit is RTI. Ready to break ground! Listing includes two APNs: 6086-036-018 & 6086-036-019. Find out more about this property. Request details here

Location

Address

12007 South Central Avenue, Los Angeles, California 90059, United States

City

Los Angeles

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