7913 Main, Los Angeles, CA 90003
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
7913 Main,Los Angeles, CA 90003
$1,450,000
- 0.28 Acres
- Lots / Land
- Active
Listed by: deborah moussighi
Office: keller williams luxury
MLS#:SR26023545
Source:CAREIL
Price summary
- Price:$1,450,000
About this home
Rare opportunity to acquire a fully entitled, shovel-ready RTI development site for a 3 story, 38-unit multifamily project in Los Angeles Southwest / South Los Angeles. This 100% affordable housing project is approved for approximately 20,500 SF of building area on a 12,323 SF lot, allowing a buyer to immediately commence construction and avoid years of entitlement risk and delays. The project qualifies under Transit Oriented Communities (TOC) Tier 1, with Tier 2 incentives applicable for 100% Affordable Housing, offering substantial density and development advantages. This is an ideal opportunity for affordable housing developers, mission-driven investors, and operators seeking a permit ready project in a high demand urban infill location. Strong fundamentals include proximity to public transportation, major employment centers, and essential neighborhood services, supporting long-term housing demand. With approvals in place and RTI status secured, this offering represents a turn-key development opportunity in one of Los Angeles’ most supply-constrained housing markets. RTI approval in hand. Projects of this size, scale, and readiness are extremely rare....
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Home facts
- Listing ID #:SR26023545
- Added:51 day(s) ago
- Updated:March 29, 2026 at 04:33 PM
Structure and exterior
- Lot area:0.28 Acres
Finances and disclosures
- Price:$1,450,000
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