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For Sale

$1,299,000

7,196 sqft$181/sqft32 days on market

1949 Adair Street

Los Angeles, CA 90011

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

7,196

Square feet

—

Built

Listing narrative

Description

39-Unit 100% Affordable Housing Project Rare opportunity to acquire a shovel-ready 39-unit 100% affordable housing project. 39 total units 31 one-bedroom units 8 studio/single units plus 2 additional ADUs, including office space Rooftop deck. No demolition costs, No relocation costs. Ready to break ground Seller is willing to provide seller financing/carryback with a low interest rate for 2 years, providing an attractive opportunity for qualified buyers. This project offers a streamlined path to development with significant pre-development work already completed and no demolition or tenant relocation costs. The seller's willingness to carry financing may further reduce the buyer's upfront capital requirements. Serious buyers/investors are encouraged to inquire for project details, plans, approvals, financials, and seller-financing terms.

Listing agent (MLS): Mojgan Yamini · Listing brokerage (MLS): Landmark One Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,299,000

Beds

Beds n/a

Type

Commercial

Home Size

7,196 sqft

Baths

Baths n/a

Lot Size

0.17 acres

Year

Year n/a

Status

For Sale

Days on Market

32

$ / Sqft

$181

· 8% down, 7% APR, 30yr fixed
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Courtesy of Landmark One Realty