1422 E Imperial Highway, Los Angeles, CA 90059
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1422 E Imperial Highway,Los Angeles, CA 90059
$1,999,999
- 0.54 Acres
- Lots / Land
- Active
Listed by: dezireh haghayeghi
Office: keller williams beverly hills
MLS#:CL26667031
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,999,999
About this home
1422 E Imperial Hwy is located just off of the 105 Freeway between SCentral Ave & Compton AveRemarks : This is an affordable housing development opportunity at 1422 E Imperial Hwy, located just off of the 105 Freeway between S Central Ave & Compton Ave. The 23,435 SF lot will be delivered fully entitled for120 income-restricted housing units and 1 manager unit, with no parking required. The project's central infill location and proximity to major employment hubs suchas Rancho Dominguez, Compton, South Gate, and South Los Angeles support multiple lease-up strategies including filling units through PATH, LAHSA orSection 8. Plans call for an efficient four-story project, utilizing Type V-A construction fora stacked design reducing construction costs for the developer. The lot will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 67,112 SF and has a desirable unit mix of eight singles (290SF), 108 one-bedrooms (430-460 SF), and five two-bedroom (505-615 SF). The project is offered at a low $38,958 price per buildable unit, allowing a privat...
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Home facts
- Listing ID #:CL26667031
- Added:54 day(s) ago
- Updated:May 13, 2026 at 02:33 PM
Structure and exterior
- Lot area:0.54 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,999,999
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