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Affordable projectsHistoric South-Central

4129 Avalon Blvd, Los Angeles — 48-Unit Affordable Housing for sale

Available

4129 Avalon Blvd

Los Angeles, CA 90011

$1,695,000

48-Unit Affordable Housing, Ready to Issue

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Property details

Category
Affordable Housing
Units
48
Lot
8,199 SF
Building
23,323 SF
Price / unit
$35,313
Zoning
C2-IVL-CPIO
APN
5113-005-001

Offering memorandum

Shared deal rooms

Highlights

  • 48 units, 100% affordable, ready to issue
  • Four stories on an 8,199 SF lot
  • 14 studios, 33 one-bedrooms, and 1 studio manager’s unit
  • About 23,323 SF gross and 17,126 SF rentable
  • Recreation room described as convertible to an ADU
  • Zoned C2-IVL-CPIO, Tier 2 TOC. APN 5113-005-001

A ready-to-issue, 48-unit, 100% affordable project on an 8,199-square-foot lot at 4129 Avalon Boulevard in Historic South-Central. Asking price is $1,695,000.

The building is four stories, about 23,323 square feet gross and about 17,126 square feet rentable. The unit mix is 14 studios, 33 one-bedrooms, and 1 studio manager’s unit. Ten units are for moderate-income households at or below 110% of area median income. The recreation room is described as a possible ADU conversion, not as an extra unit already in the count of 48. Zoning is C2-IVL-CPIO, in Tier 2 of Transit Oriented Communities. APN 5113-005-001.

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Opens an email to jordan@petitocre.com.

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