1949 Adair Street, Los Angeles, CA 90011 (MLS # 26997937)

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PRICE $1,350,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 7,197 sqft

39-Unit 100% Affordable Housing Project Rare opportunity to acquire a shovel-ready 39-unit 100% affordable housing project. 39 total units 31 one-bedroom units 8 studio/single units plus 2 additional ADUs, including office space Rooftop deck. No demolition costs, No relocation costs. Ready to break ground Seller is willing to provide seller financing/carryback with a low interest rate for 2 years, providing an attractive opportunity for qualified buyers. This project offers a streamlined path to development with significant pre-development work already completed and no demolition or tenant relocation costs. The seller's willingness to carry financing may further reduce the buyer's upfront capital requirements. Serious buyers/investors are encouraged to inquire for project details, plans, approvals, financials, and seller-financing terms.

DAYS ON MARKET 2 LAST UPDATED 10/7/2026
YEAR BUILT 0 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA C42 - Downtown L.A.
LOT 7196 sq ft
LOT DIMENSIONS 7195
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Listed with Landmark One Realty

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