Los Angeles, CA90023
| 0 sqft | MLS# 25571441
Tract:
For Sale $975,000
Description
The approved plans feature 28 one-bedroom and four two-bedroom units, including four deed-restricted extremely low-income units. With no tenant relocation required, this project provides investors with the chance to capitalize on Los Angeles' affordable housing incentives, including Section 8 rental potential and no parking requirements under AB 2097. Priced at just $36,719 per buildable unit and $146 per SF, the property is an attractive option in a high-demand rental market. Boyle Heights remains a thriving investment market located near schools, major employment centers in the Arts District, Vernon, and Downtown LA, and well-connected by Metro transit options. This site is ideally positioned for renters seeking convenience and accessibility.
Facts
| Built in 0 | Lot Size: 8037.00 sqft | HOA Dues: $0/month
Features
Listing provided by Roderick 'Rick' Raymundo, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of August 1, 2025. 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.
