Fixed price
£2,250,375
US$3,000,000
Studio for saleDarwin Avenue, Los Angeles
Unfurnished
About this property
Prime 100% Affordable Housing Development Opportunity Lincoln Heights
Delivered rti (Ready-To-Issue) 100% affordable housing development opportunity in Lincoln Heights. Rare assembled corner lot totaling 14,000 sf across 3323 & 3327 Darwin Ave with approved plans for a 5-story, 70-unit multifamily project totaling approximately 37,000 buildable sf. Project maximizes density through Los Angeles Density Bonus and ab 2345 incentives. Significant value-add through delivered rti status, eliminating entitlement risk and reducing development timelines. Ideal for nonprofit or for-profit affordable housing developers seeking a ready-to-build opportunity for tcac, lihtc, tax-exempt bond financing, or other affordable housing capital sources. Strategic infill location near Downtown Los Angeles, transit access, and major employment hubs in a high-demand, supply-constrained market.
Energy Efficiency Rating
EPC rating: Unknown
Delivered rti (Ready-To-Issue) 100% affordable housing development opportunity in Lincoln Heights. Rare assembled corner lot totaling 14,000 sf across 3323 & 3327 Darwin Ave with approved plans for a 5-story, 70-unit multifamily project totaling approximately 37,000 buildable sf. Project maximizes density through Los Angeles Density Bonus and ab 2345 incentives. Significant value-add through delivered rti status, eliminating entitlement risk and reducing development timelines. Ideal for nonprofit or for-profit affordable housing developers seeking a ready-to-build opportunity for tcac, lihtc, tax-exempt bond financing, or other affordable housing capital sources. Strategic infill location near Downtown Los Angeles, transit access, and major employment hubs in a high-demand, supply-constrained market.
Energy Efficiency Rating
EPC rating: Unknown
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