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Millman Team Real Estate

$1,299,000
0.17 Acre Lot

1949 Adair Street, Los Angeles, California 90011

  • Commercial Sale Property Type
Property 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.

Basic Details
Commercial Sale
For Sale
26997937
$1,299,000
0.17 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90011
Adair
1949
Street
W119° 44' 26''
N34° 1' 36.7''
S. of Washington Blvd.
C42 - Downtown L.A.
C2
Additional Information
$0
$0
$0
$0
$0
2026-10-07
1350000
Broker/Agent Information
Landmark One Realty
Mojgan Yamini
Listing Information
CLW-X56559
CLW-X83242
Active
2026-10-23T07:18:20Z
CRMLS
: Standard
2026-10-07T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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