Los Angeles, CA 90003
$649,888
Mark Quesada
Broker / Owner
DRE #02101365
RTI Affordable Development Site, 11-unit ED1 TOC Tier 3, priced to move. The existing triplex has been demolished. Permit-ready affordable housing development opportunity with an issued grading permit and a building permit application that is Ready to Issue (RTI). Proposed 3-story apartment project, positioned for a buyer seeking a fast path to start work without going back through full entitlement. Attached documents include LADBS grading permit and receipt, soils report, and City soils approval letter, LADBS building permit status showing Ready to Issue, approved plan set, and recorded affordable housing covenant running with the land. Buyer to review the covenant and verify all requirements.
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$4,796/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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$610,000
Median sale price
44 days
Avg days on market
99.0% of list
Sells for
Closed sales in 90003 over the last 6 months, all home types.
Construction
Lot & parking
Utilities
Listed by Hooman Morvarid, Compass
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.
