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Otra propiedad residencialNúmero de MLS: #24-427273
We are proud to present for sale a ready-to-issue (RTI) 48-unit, 100% affordable housing development on a 9,863 SF lot in the gentrifying neighborhood of West Adams, with the potential to add 3+/- ADUs after completion. The proposed development features a 27,409 SF, 5-story, TypeIII-A Construction slab on grade with a primarily stacked design. All 48 units are 1 bedroom, 1 bath with an average unit size of approximately 475 SF, plus hallways, elevators, and stairs. The restricted rent levels for the project are 2 very low-income units, 38 low-income units, 7 moderate-income units, and 1 manager's unit. The rent for the very low and moderate-income units can be found on HCD Schedule VI, while the rent for the low-income units can be found on TCAC Schedule IX. Additionally, the location of this property may attract Section 8 voucher tenants, increasing the potential income by around 20% for each unit. West Adams is known for its rich cultural history and vibrant community. Nearby parks include Vineyard Recreation Center, Jim Gilliam Recreation Center, and Baldwin Hills Recreation Center. Zero parking spaces will allow developers to avoid the high cost of on-grade parking. The property is conveniently located in a Metrohub off of Exposition Blvd, providing easy transportation running east and west from Downtown to Santa Monica. The Walk Score for this property is 79, indicating it is "Very Walkable" with "ExcellentTransit." The subject property is located within the Qualified Opportunity Zone (QOZ).Características de la propiedad
Amenidades: | Puerto |
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Estilo arquitectónico: | Otro |
Área del lote: | 0.23 Acres |
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Escuela primaria
VIRGINIA ROAD ELEMENTARY
0.3
MillasVer detalle
Escuela secundaria (ciclo básico)
JOHNNIE COCHRAN JR. MIDDLE SCHOOL
1.5
MillasVer detalle
Escuela secundaria (ciclo superior)
DORSEY HIGH SCHOOL
0.3
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
View Park Continuation | 0.4 mi | Public | 9-12 | F |
Coliseum Street Elementary School | 0.4 mi | Public | PK-5 | C- |
Stella Middle Charter Academy | 0.5 mi | Public | 5-8 | C+ |
Isana Nascent Academy | 0.6 mi | Public | KG-8 | C- |
Stella Elementary Charter Academy | 0.7 mi | Public | KG-3 | C- |
Hillcrest Drive Elementary | 0.8 mi | Public | KG-5 | D- |
Cienega Elementary School | 0.8 mi | Public | KG-5 | C- |
Lashon Academy City | 1.0 mi | Public | KG-6 | |
Marlton | 1.1 mi | Public | KG-12 | |
6th Avenue Elementary School | 1.1 mi | Public | KG-5 | D |
Roenne's School | 1.1 mi | Private | PK-T1 | |
Escuela Plus Elementary School | 1.2 mi | Private | KG-5 | |
Alta Loma Elementary School | 1.3 mi | Public | KG-5 | C |
St Paul Elementary School | 1.3 mi | Private | KG-8 | |
Audubon Middle School | 1.3 mi | Public | 6-8 | D |
Baldwin Hills Elementary School | 1.3 mi | Public | KG-5 | C+ |
New Los Angeles Charter Elementary School | 1.3 mi | Public | KG-5 | C+ |
Tom Bradley Global Awareness Magnet | 1.3 mi | Public | KG-5 | B |