Millman Team Real Estate

$1,499,000
0.22 Acre Lot

10425 Avalon Boulevard, Los Angeles, California 90003

  • Land Property Type
Property Description

Fully RTI 38-Unit Affordable Housing Development Opportunity – South LA

A prime investment opportunity in the heart of South Los Angeles! This fully RTI (Ready-To-Issue) permitted 38-unit, 100% affordable housing project sits on a 9,754 SF corner lot with alley access.

Key Highlights:

Shovel-ready – Site already demolished for immediate development

NO RSO & NO replacement unit requirements

Slab on grade construction – No parking required

LAHD Schedules 1 & 6 rents allow for higher one-bedroom rental rates

No retail component – 100% residential focus

Located in a high-demand rental market, this project is designed to maximize affordability while ensuring strong, sustainable returns. Don’t miss this rare, turn-key development opportunity!

Basic Details
Land
For Sale
SR25049390
$1,499,000
Neighborhood
0.22 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90003
Avalon
10425
Boulevard
110 S Exit Century Blvd.Turn Left Right On S Avalon
699 - Not Defined
LAC2
Additional Information
$0
$0
$0
$0
$0
: Biking
: 36-40 Units/Acre
2025-03-06
1526000
: See Remarks
Broker/Agent Information
Keller Williams Luxury
Deborah Moussighi
Listing Information
SR165113594
SR0263600
Cash, Conventional
Active
2025-08-01T22:01:01Z
CRMLS
: Standard
2025-03-06T11:31:38Z
Agent info
Ray Millman
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