7913 S Main, Los Angeles, CA 90003
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Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 1,350,000
Est. payment | /mo

0.28 Acres Lot

Save
$ 1,350,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26023545

Lot Size 0.283 Acres

Property Sub-Type Lots/Land

Property Description

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.

Location

State CA

County Los Angeles

Direction 10E to 110S Exit Florence Ave.

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 6031024012

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Deborah Moussighi, DRE#01487871 Keller Williams Luxury 

NEARBY SCHOOL & BUSINESS

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Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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