$1,299,000
1949 Adair Street
Los Angeles, CA 90011
—
Beds
—
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.
Property Details
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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
Courtesy of Landmark One Realty






