4159 S Central Avenue, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
#1
4159 S Central Avenue,Los Angeles, CA 90011
$1,720,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by:mojgan yamini
Office:landmark one realty
MLS#:25552287
Source:CRMLS

Price summary

  • Price:$1,720,000

About this home

An exceptional development opportunity in a prime South Los Angeles location. This fully approved site is entitled for 46 units of 100% affordable housing, offering a valuable asset for developers focused on socially impactful and income-generating projects. Key Highlights: Entitlements Approved: Plans fully approved for 46 units45 one-bedroom units and 1 single/studio unit. Affordable Housing: All units designated as affordable, aligning with city and state incentives. No Underground Parking Required: Simplifies construction and reduces development costs. Transit-Oriented Location: Convenient access to bus lines and daily necessities, enhancing tenant accessibility and appeal. Alley Access: Rear alley facilitates easier construction logistics and future service access. Vacant Building: No current tenants; no relocation required under the Ellis Act. Projected Gross Income: Approximately $1.1 million/year upon stabilization (subject to rent levels and management).This site is ideal for

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Home facts

  • Listing Id #:25552287
  • Added:74 day(s) ago
  • Updated:August 27, 2025 at 10:33 AM

Structure and exterior

  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,720,000
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