4424-4428 S Western Ave
Los Angeles, CA 90062
Land For Sale
·
0.27 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.27 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | C2-2D-CPIO | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.27 AC |
| No. Stories | 1 |
| Zoning | C2-2D-CPIO |
Description
This shovel-ready affordable housing development opportunity is located at 4424-4428 S. Western Avenue in the heart of South Los Angeles. The project has full entitlements and will be delivered Ready-To-Issue (RTI) with building permits in place for a four-story, 47-unit Type V-A apartment building - a fully affordable housing community with no on-site vehicle parking required. Strategically located in a Transit Oriented Community (TOC) Tier 3 zone, the project benefits from significant density and parking incentives under the TOC guidelines, facilitating efficient and cost-effective development. This infill site is ideally positioned for a sponsor seeking to deliver much-needed affordable housing in Los Angeles while maximizing entitlements and return on investment through streamlined approvals and RTI delivery.
Property Taxes
| Parcel Numbers | Improvements Assessment | $285,994 | |
| Land Assessment | $1,358,876 | Total Assessment | $1,644,870 |
Property Taxes
