1627 Oak St, Los Angeles, CA, 90015

USD 1,450,000
For Sale

Property Details

Property Type

Other

Description

Property Details: • Type: Other • Bedrooms: 0 • Bathrooms: 0 • Square Feet: [object Object] • Lot/Size: 6,932 sqft lot

Description: Keller Williams Commercial is pleased to present for sale a rare ED1 100% affordable housing RTI development opportunity in the heart of Pico Union, just minutes from Downtown Los Angeles. The project is fully entitled for 39 units and is located within a Section 8 Tier 4 submarket (the highest Section 8 payment tier!), offering enhanced revenue potential and a streamlined path to construction. Approved plans include 30 one-bedroom units, 5 studios, and 4 ADUs, totaling approximately 23,771 square feet of building area. The unit mix consists of 27 units reserved for low-income households, 7 units reserved for moderate-income households, and 5 market-rate units. The subject property is vacan

Location

Address

1627 Oak St, Los Angeles, CA, 90015

City

Los Angeles

Features and Finishes

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