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Search Cali Homes Team
3323 Darwin Ave, Los Angeles, CA 90031
- $2,495,000
Courtesy of Nest Seekers, Pendar Moghaddam - CA DRE#02381056
- List Price
- $2,495,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 26996125
- Lot Size
- 14,000
- Acres
- 0.32
- MLS Area Major
- Lincoln Heights
Property 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.
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Additional Information
- School District
- Los Angeles Unified
- View
- None
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