Active

4159 S Central Avenue

Los Angeles CA, 90011

$1,950,000


$256.58 per sqft

Active

0.17 Acres

Land

Listed by Austin Mudd with Kidder Mathews of California, Inc. 310-492-8402

Kidder Mathews is pleased to present a 100% affordable housing development opportunity in Historic South Central, just 1.7 miles southeast of the USC and Exposition Park.The 7,598 SF lot will be delivered RTI for 46 100% affordable units Plans call for 2 studios (average 273 SF) and 44 one-bedroom units (330-360 SF) with no parking required. The 4-story building totals 21,520 gross sf of Type V-A construction. The seller will deliver the project with a complete set of plans fully RTI and a vacant commercial building existing on the site. The project is located walking distance to Wadsworth Elementary, Sally Ride Elementary, Harmony Elementary, Thomas Jefferson High School, Nava College Preparatory Academy, and Ross Snyder Recreation Center.Building amenities include a laundry room, office room, 44 bicycle spaces, and a 3,046 sf roof deck with views of Downtown LA to the north. While the plans call for 46 units, new ownership could re-envision the project to significantly increase the density and number of units

24451309

MLS ID

October 10, 2024

Listed

December 5, 2024

Updated

Map

4159 S Central Avenue
Los Angeles CA, 90011

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

C42 - Downtown L.A.


Days on Market

55


Garage

No


Parking Total

0


View

Yes


County

Los Angeles


Pool

No


Zoning

LAC2

Listing History

Date

Event

Price

11/15/2024

Price change

$1,950,000

-14%

Listing Contact: 310-312-2800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 8:30 AM UTC

 

Powered byLuxury Presence