- For Sale $2,100,000
- Property Type Other
- Property Size 28,773 SF
- Lot Size 11,592 SF
- Date Updated Jun 12, 2025
Offered for sale is a rare, shovel-ready affordable housing development opportunity located at 4424-4428 S. Western Avenue in the heart of South Los Angeles. The project has full entitlements and will be delivered Ready-To-Issue (RTI) with building permits in place for a four-story, 47-unit Type V-A apartment building - a fully affordable housing community with no on-site vehicle parking required.
Strategically located in a Transit Oriented Community (TOC) Tier 4 zone, the project benefits from significant density and parking incentives under the TOC guidelines, facilitating efficient and cost-effective development. This infill site is ideally positioned for a sponsor seeking to deliver much-needed affordable housing in Los Angeles while maximizing entitlements and return on investment through streamlined approvals and RTI delivery.
This is an exceptional opportunity for mission-driven developers, nonprofit organizations, or LIHTC-focused investors to acquire a fully entitled, permit-ready project in one of the most underserved housing markets in Los Angeles.
Contact us today to request the full due diligence package.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
67/100 Somewhat Walkable
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Transit Score ®
58/100 Good Transit
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Bike Score ®
54/100 Bikeable
- City Los Angeles, CA
- Neighborhood Vermont Square
- Zip Code 90062
- Market Los Angeles
Points of Interest
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Expo/Western
1.05 miles
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Leimert Park
1.39 miles
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Expo/Vermont
1.43 miles
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Martin Luther King Jr.
1.62 miles
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Hyde Park
1.63 miles
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Fairview Heights
2.50 miles
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Farmdale
2.59 miles
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Grand/LATTC
3.07 miles
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San Pedro Street
3.44 miles
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Downtown Inglewood
3.49 miles
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Chevron
0.02 miles
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Shell
0.83 miles
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76
0.95 miles
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Gold Star Gas
0.97 miles
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Arco
1.40 miles
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Electric Vehicle Charging Station
1.71 miles
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Culver City Supercharger
4.82 miles
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FLO
4.98 miles
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Volta
5.98 miles
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ChargePoint
6.96 miles
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Numero Uno Market Parking
0.49 miles
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Lot 5
1.31 miles
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Lot 4
1.35 miles
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Joe's Auto Parks
1.37 miles
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Automate Parking Inc.
1.39 miles
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Gold Lot
1.42 miles
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North Parking Structure
1.47 miles
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Green Lot
1.48 miles
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Visitor Parking Structure
1.60 miles
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Downey Way Parking Structure
1.62 miles
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Americas Best Value Inn & Suites Los Angeles Downtown SW
0.34 miles
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City Motel
1.49 miles
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Furst Motel
1.71 miles
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Solo Motel
1.77 miles
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University of Southern California Hotel
1.93 miles
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Budget Motel
2.01 miles
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Boulevard Motel
2.34 miles
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Travel Inn Motel
2.35 miles
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Bethel House
2.89 miles
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Hollywood Stay
3.01 miles
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Master Burger
0.03 miles
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Burger King
0.51 miles
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Porterhouse Fried Chicken
0.53 miles
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Best Donuts
0.55 miles
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Popeyes
0.56 miles
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Subway
0.56 miles
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Pizza King
0.57 miles
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Jack's Family Kitchen
0.65 miles
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Winchell's Donut House
0.67 miles
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Jack in the Box
0.68 miles
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Barack Obama Global Preparation Academy
0.17 miles
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Missionette Christian Academy
0.34 miles
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Normandie Elementary School
0.54 miles
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Saint Brigid School
0.56 miles
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Saint Cecilia School
0.57 miles
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Martin Luther King Junior Elementary School
0.64 miles
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Western Elementary School
0.65 miles
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Forty-Second Street Elementary School
0.80 miles
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Angeles Mesa Elementary School
0.91 miles
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Transfiguration School
0.92 miles
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Vernon Adult Day Program
0.48 miles
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Ralph M. Parsons Preschool
1.28 miles
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CCDC of Little Angels Schools
1.95 miles
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HIC Daycare
2.08 miles
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Jim Gilliam Child Care Center
2.61 miles
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Bakewell Primary Center
3.19 miles
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A Bright Beginning Inc.
3.70 miles
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Play Mountain Place
4.37 miles
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Valentina's Preschool
4.45 miles
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Morning Star Education Center
4.47 miles
Frequently Asked Questions
The space currently listed for sale at 47-Unit 100% Affordable Housing Development | RTI - Los Angeles, CA asks for $2,100,000.
47-Unit 100% Affordable Housing Development | RTI - Los Angeles, CA totals 28,773 square feet.
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