£2,229,705

Studio for sale

  1.  Rendering Based On The Proposed Plans
  2.  Rendering Based On The Proposed Plans
  3.  Rendering Based On The Proposed Plans
Just added

Fixed price

£2,229,705

US$3,000,000

Studio for sale

Darwin Avenue, Los Angeles

Features and description

  • Unfurnished
Prime 100% Affordable Housing Development Opportunity Lincoln Heights

Delivered rti (Ready-To-Issue) 100% affordable housing development opportunity in Lincoln Heights. Rare assembled corner lot totaling 14,000 sf across 3323 & 3327 Darwin Ave with approved plans for a 5-story, 70-unit multifamily project totaling approximately 37,000 buildable sf. Project maximizes density through Los Angeles Density Bonus and ab 2345 incentives and includes 33 parking spaces. Significant value-add through delivered rti status, eliminating entitlement risk and reducing development timelines. Ideal for nonprofit or for-profit affordable housing developers seeking a ready-to-build opportunity for tcac, lihtc, tax-exempt bond financing, or other affordable housing capital sources. Strategic infill location near Downtown Los Angeles, transit access, and major employment hubs in a high-demand, supply-constrained market.

Energy Efficiency Rating

EPC rating: Unknown

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

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