4159 S Central Avenue, Los Angeles, CA 90011 (MLS # 25552243)

Save to Favorites
 Print
 Share
PRICE $1,720,000 dsIDX morgage calculator
SIZE 4,892 sqft
LOT SIZE 7,602 sqft
Request More Info Schedule a Showing
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 developers looking to execute a high-impact, lower-barrier affordable housing project in a high-demand area of Los Angeles. The clean entitlement status and absence of relocation obligations make this a turn-key development opportunity. The listing broker/agent is part owner.

DAYS ON MARKET 34 LAST UPDATED 6/13/2025
YEAR BUILT 1901 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA C42 - Downtown L.A.
LOT 7601 sq ft
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 4159 S CENTRAL AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Anastasia Stamatii to contact you even if your name is on a Federal or State "Do not call List".
Listed with Landmark One Realty

Based on information from CRMLS as of 7/16/25 6:15 PM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2025.