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This Land Property is no longer advertised on LoopNet.com.

12007 S Central Ave
Los Angeles, CA 90059

NEW PRICE - 74 Unit RTI 100% Afford. Project · Land For Sale · 0.43 AC

Investment Highlights

  • Already Ready-to-Issue - Project and Demo Permits!
  • 31,500 SF of Rentable Space
  • Signalized Corner on a Commercially Zoned Lot Less than a mile to Metro C Line Avalon Station
  • 66 1+1s & 8 Studios
  • Potential to rent to Section 8 Tenants for higher income.
  • Potentially no ULA nor Property Tax concerns for this project once construction has completed

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.43 AC

Description

Already RTI. Demo Permit is RTI. Ready to break ground!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6086-036-019
  • 6086-036-018
Land Assessment
$3,150,000
Improvements Assessment
$0
Total Assessment
$3,150,000

zoning

Zoning Code C2-2D-CPIO Tier 1 (Ready-to-Issue 74 Unit Affordable Housing Project)
C2-2D-CPIO Tier 1 (Ready-to-Issue 74 Unit Affordable Housing Project)
  • Listing ID: 27974767

  • Date on Market: 3/14/2023

  • Last Updated:

  • Address: 12007 S Central Ave, Los Angeles, CA 90059

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