Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-03-07 10:18:26.000000. Listing information © 2024 Sandicor.
Asking Price: $1,726,000
10425 Avalon, Los Angeles CA 90003
Community:
This Lots/Land property was built in and is priced at $1,726,000. Please see the additional details below.
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!