Los Angeles, CA90003
| 46976 sqft | MLS# 24435087
Tract:
Pending $4,500,000
Description
We are proud to present, for the first time since its construction in 1999, the sale of the Figueroa Oaks! This 32 unit affordable housing investment opportunity was built under the Low Income Housing Tax Credit program providing much needed housing to qualifying tenants. Comprised of extremely open and functional floor plans, the unit mix consists of huge Two, Three and Four bedroom units. The property sits on over 46,000 Sq Ft of land and offers several common area amenities including a playground area, recreation meeting room, laundry room and BBQ area. Tenants are also offered assigned parking in the building's gated lot 51 parking spaces total. The property may qualify for Low Income Housing Tax Credits (LIHTC) from the California Tax Credit Allocation Committee (CTCAC). Buyer to verify and investigate tax credit opportunities and regulatory agreement restrictions.
Facts
| Built in 1999 | Lot Size: 29247.00 sqft | HOA Dues: $0/month
Features
Listing provided by Enrique Viramontes, Remax Commercial and Investment Realty
Based on information from California Regional Multiple Listing Service, Inc. as of September 4, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
