10425 Avalon, Los Angeles, CA

$1,499,000

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0.22

Acres

About 10425 Avalon

Fully RTI 38-Unit Affordable Housing Development Opportunity South LA A prime investment opportunity in the heart of South Los Angeles! This fully RTI (Ready-To-Issue) permitted 38-unit, 100% affordable housing project sits on a 9,754 SF corner lot with alley access. Key Highlights: Shovel-ready Site already demolished for immediate development NO RSO & NO replacement unit requirements Slab on grade construction No parking required LAHD Schedules 1 & 6 rents allow for higher one-bedroom rental rates No retail component 100% residential focus Located in a high-demand rental market, this project is designed to maximize affordability while ensuring strong, sustainable returns. Dont miss this rare, turn-key development opportunity!

Features of 10425 Avalon

MLS® # SR25049390
Price $1,499,000
Acres 0.22
Type Land
Sub-Type Lots/Land
Status Active

Community Information

Address 10425 Avalon
Area LOS ANGELES (90003)
City Los Angeles
County Los Angeles
State CA
Zip Code 90003

Amenities

Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Additional Information

Date Listed March 5th, 2025
Days on Market 150
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Luxury

Listing Map

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