4159 S Central Avenue, Los Angeles, CA 90011
Local realty services provided by:ERA North Orange County Real Estate

4159 S Central Avenue,Los Angeles, CA 90011
$1,720,000
- 0.17 Acres
- Lots / Land
- Active
Listed by:mojgan yamini
Office:landmark one realty
MLS#:25552287
Source:CRMLS
Price summary
- Price:$1,720,000
About this home
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.
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Home facts
- Listing Id #:25552287
- Added:68 day(s) ago
- Updated:August 21, 2025 at 01:30 PM
Structure and exterior
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,720,000
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