Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-04-19 08:21:02.000000. Listing information © 2024 Sandicor.
Asking Price: $1,726,000 |
10425 Avalon, Los Angeles CA 90003
Community: 699 - Not Defined
This property was built in 0 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. Don’t miss this rare, turn-key development opportunity!