$2,495,000
3323 Darwin Avenue
Los Angeles, CA 90031
—
Beds
—
Baths
14,000
Square feet
—
Built
Listing narrative
Description
RTI- 70-unit affordable housing development opportunity in Lincoln Heights. This 14,000 SF development site offers an exceptionally well-positioned opportunity for a developer to move forward with an approved residential project. Approved plans call for a five-story, Type III-A residential building with 70 one-bedroom affordable housing units, approximately 41,997 SF of building area, approximately 3,704 SF of open space, and no parking required under the approved project. The site is strategically located near transit, employment centers, Downtown Los Angeles, and neighborhood amenities. The existing approved development program is designed to maximize housing production on an urban infill site. In addition to the approved affordable housing plan, an alternative development concept may provide for approximately 22 market-rate units, subject to buyer verification, applicable zoning, approvals, and any required modifications. Buyer to independently verify all plans, approvals, entitlements, development potential, zoning, and permit status with the appropriate governmental agencies.
Property Details
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Price
$2,495,000
Beds
Beds n/a
Type
Land
Home Size
14,000 sqft
Baths
Baths n/a
Lot Size
0.32 acres
Year
Year n/a
Status
For Sale
Days on Market
35
$ / Sqft
$178
Courtesy of Nest Seekers






