$1,126,000
***RTI. READY TO INICIATE****NEW 3 STORY 17 UNITS FOR AFFORDABLE HOUSING, APARTMENT TO INCLUDE 3 STORY TYPE VA APARTMENT, TIER 4 TOC WITH BASE INCENTIVES ONLY, INCLUDE 1 ELI, 3 VLI, 13 LI. WE ARE PROUD TO PRESENT THIS 100% AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY, AT 847 E 25TH ST ONLY A MILE AWAY TO DTLA, WILL BE DELIVERED FULLY ENTITLED, THE PROJECTS INFILL LOCATION AND PROXIMITY TO MAJOR EMPLOYMENT HUBS, SUCH A DOWNTOWN LA AND GARMENT INDUSTRY, THIS SUPPORT MULTIPLE LEASE-UP STRATEGIES, INCLUDING FILLING UNITS THROUGH PATH, LAHSA, OR SECTION 8, PLANS CALL FOR AN EFFICIENT THREE STORY PROJECT, THE EXISTING DUPLEX WILL BE DELIVERED VACANT. ALLOWING A DEVELOPER TO BREAK GROUND IMMEDIATELY, WITHOUT NAVIGATING THE PLANNING PROCESS OR TAKING ADDITIONAL RISK THROUGH PENDING ORDINANCES THAT ARE LIMITTING THE DEVELOPMENT OF SIMILAR HIGH DENSITY AFFORDABLE. THE PROJECT IS OFFERED AT AN ATTRACTIVE PRICE, CLOSE TO 10 FWY, AND 110 FWY.
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Listed by Daniel Diaz with First Family Homes (562) 862-7373
Property Type
Land
Status
Active
MLS Number
DW26051818
Year Built
N/A
Lot Size
6,504 sq ft