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Otra propiedad residencialNúmero de MLS: #25607383
KW Commercial is proud to present for sale a Ready-to-Issue (RTI) 49-unit, 100% affordable housing ED 1 development opportunity in the heart of Hollywood! Situated on a 7,895 SF lot, this five-story project has been thoughtfully designed for maximum efficiency, featuring 48 one-bedroom units and 1 studio for a total of approximately 21,753 rentable square feet. Perfectly positioned less than a mile from the Vermont/Santa Monica Metro Red Line Station and close to premier shopping, dining, and transit options, this location earns a Walk Score of 92 ("Walker's Paradise"). Affordability is at the core of this development, with: 10 units reserved for moderate-income households (110% AMI or below), 38 units reserved for low-income households (80% AMI or below), and 1 market-rate manager's unit. Applicable rent schedules include HCD Schedule VI (for very low and moderate-income units) and TCAC Schedule IX (for low-income units). The site's affordability mix may also appeal to Section 8 voucher tenants, potentially increasing income by up to 20% per unit. Designed with zero parking spaces, this project minimizes construction costs and streamlines development. The vacant lot offers a clear path to construction no tenant relocation or demolition required, allowing you to build immediately. Located within a Qualified Opportunity Zone, investors may benefit from additional tax incentives (buyer to verify). Don't miss this rare opportunity to build a brand-new, fully affordable multifamily community in one of Los Angeles' most dynamic neighborhoods, all at an exceptional value of just $37,000/unit!! Contact the listing agent for additional details and a complete set of approved plans.Características de la propiedad
| Área del lote: | 0.18 Acres |
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Escuela primaria
KINGSLEY ELEMENTARY SCHOOL
0.1
MillasVer detalle
Escuela secundaria (ciclo básico)
JOSEPH LE CONTE MIDDLE SCHOOL
0.9
MillasVer detalle
Escuela secundaria (ciclo superior)
HELEN BERNSTEIN HIGH SCHOOL
0.7
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STEM ACADEMY OF HOLLYWOOD
0.7
MillasVer detalle
| Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
|---|---|---|---|---|
| Ramona Elementary | 0.1 mi | Public | KG-6 | B+ |
| Immaculate Heart Of Mary School | 0.3 mi | Private | KG-8 | |
| Rose & Alex Pilibos Armenian School | 0.6 mi | Private | KG-12 | |
| Apex Academy | 0.7 mi | Public | 7-12 | F |
| Creative Angels Preschool And Kindergarden | 0.7 mi | Private | TKG | |
| Santa Monica Boulevard Community Charter | 0.8 mi | Public | KG-6 | B- |
| Richard A. Alonzo Community Day | 0.8 mi | Public | 7-12 | D- |
| Lockwood Avenue Elementary | 0.8 mi | Public | KG-6 | C+ |
| Hollywood Preschool & Kindergarten | 0.8 mi | Private | PK-KG | |
| Lexington Avenue Primary Center | 0.8 mi | Public | PK-2 | |
| Grant Elementary School | 0.8 mi | Public | KG-6 | B- |
| Citizens Of The World Charter School Hollywood | 0.9 mi | Public | KG-5 | B |
| Blind Children's Center | 0.9 mi | Private | PK-T1 | |
| Los Feliz Stemm Magnet School | 0.9 mi | Public | KG-6 | A- |
| Hollywood Primary Center | 1.0 mi | Public | KG-3 | C |
| Alexandria Elementary School | 1.0 mi | Public | KG-5 | B+ |