1949 Adair St, Los Angeles, CA 90011
1949 Adair St, Los Angeles, CA 90011
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$ 1,299,000
Est. payment | /mo

7 Beds

2 Baths

7,195 Sqft Lot


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$ 1,299,000
Est. payment | /mo
Save

7 Beds

2 Baths

7,195 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26997937

Bedrooms 7

Lot Size 7,195 Sqft

Acres 0.1652

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

Area Downtown L.A.

Zoning C2

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Landmark One Realty

Nearby Locations

Joahna Flores

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1949 Adair St

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