1949 Adair Street, Los Angeles, CA 90011
See all 2 photos
1949 Adair Street, Los Angeles, CA 90011
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment /mo
Save
New

1949 Adair Street Los Angeles, CA 90011

7,195 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26997937

HOA Y/N No

Lot Size 7,195 Sqft

Acres 0.1652

Property Sub-Type Comm Ind For Sale

Property Description

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.

Location

State CA

County Los Angeles

Zoning C2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5127003001


Bridge MLS
Listed by Mojgan Yamini • Landmark One Realty

GET MORE INFORMATION

Go tour this home

1949 Adair Street