4159 S Central Avenue, Los Angeles, CA 90011
Local realty services provided by:ERA Donahoe Realty
4159 S Central Avenue,Los Angeles, CA 90011
$1,160,000
- 0.17 Acres
- Lots / Land
- Active
Listed by: john boyett
Office: cbre
MLS#:26998135
Source:CRMLS
Price summary
- Price:$1,160,000
About this home
We are pleased to present a 46-unit development opportunity, fully RTI at 4159 S Central Avenue. Currently sitting as a vacant mixed-use building on a 7,598 SF lot, the site is RTI for forty-six (46) units across four (4) stories, or 49ft. The unit mix consists of two (2) studio / one-bathroom units and forty-four (44) one-bedroom / one-bathroom units. Entitled under ED1 (100% affordable), the site has a mix of 80% low income units under schedule 9, and 20% moderate income units under schedule 6 (with exception of one manager unit at market rate). The project delivers approximately 21,520 SF of GBA and 5,914 SF of net livable area. The existing structure consists of 4,892 SF of vacant mixed-use space. For value-add investors and owner-users alike this creates an alternate opportunity to capitalize on the existing space while adding square footage to the building. Situated in a solid South-Central location, this offering presents a good opportunity for any developer to capitalize on a high-density and cost efficient multifamily project in a corridor with an active pipeline of proposed affordable and mixed-use projects and a 71%+ renter-occupied housing base....
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Home facts
- Listing ID #:26998135
- Added:35 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Structure and exterior
- Lot area:0.17 Acres
- Lot Features:Rectangular Lot, Value In Land
Finances and disclosures
- Price:$1,160,000
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