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5318 S Hoover St
Los Angeles, CA 90037
RTI Shovel-Ready Affordable Housing Site · Land For Sale
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0.33 AC
Investment Highlights
- 57 unit project priced to sell - only $58k/unit!!!
- Permitted with ZERO parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline
- 4-story project engineered for efficiency and designed to be built economically
- Opportunity to acquire a truly shovel-ready affordable housing development site
- Ready-to-issue permits (RTI) - Vacant Land – Can start construction immediately - No tenants to relocate / already demolished
Property Facts
| Property Type | Land | Proposed Use | Apartment Units - Subsidized |
| Property Subtype | Residential | Total Lot Size | 0.33 AC |
| Zoning | LAC2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Subsidized |
| Total Lot Size | 0.33 AC |
| Zoning | LAC2 |
Property Taxes
| Parcel Number | 5001-026-041 | Improvements Assessment | $0 |
| Land Assessment | $2,448,000 | Total Assessment | $2,448,000 |
Property Taxes
Parcel Number
5001-026-041
Land Assessment
$2,448,000
Improvements Assessment
$0
Total Assessment
$2,448,000
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