Refine Search
Sort by
$925,000
ACTIVE Status
We are pleased to present an 8,997 SF Lot with RTI plans located at 3548 Sabina St in Los Angeles, California. The subject property is located in a good Boyle Heights location, just north of Whittier Blvd and west of Indiana St. This offering presents a good Boyle Heights development opportunity on an 8,997 SF lot with RTI plans for a 32-unit, 100% affordable project comprised of 75% (24 units) low-income, 22% (7 units) moderate-income, and 3% (1 unit) market-rate units. The project features a streamlined unit mix of all one-bedroom units within a three-story Type V-A building totaling 14,780 SF. The property has a very efficient stacked layout for reduced construction costs. In addition, there is alley access in the back. Notably, the absence of extremely low-income units supports higher scheduled rents, with projected one-bedroom rents of approximately $2,200 at 80% AMI. The property offers strong access to major corridors, freeways, the Metro E Line, and nearby amenities. In addition, Overall, this is a rare opportunity to develop an RTI 32-unit affordable project with an efficient one-bedroom unit mix, favorable income targeting that supports stronger rents, and a cost-effective Type V-A design in a solid Boyle Heights location. ****Seller is selling RTI plans as is- approximately $75,000 - $100,000 in fees to get RTI from current stage****

3548 Sabina St, Los Angeles

Courtesy of Marcus & Millichap, Jason Tuvia - CA DRE#01772495

$375,000
ACTIVE Status
Potential development opportunity in the heart of Boyle Heights, just moments from Hollenbeck Park and the new 6th Street Bridge. Vacant 5,206+/- sqft lot offering what appears to be potential for up to 3 units + 2 ADUs (5 units total subject to City approval and buyer verification). The front portion of the lot is sloped but seems to level out across much of the site. Notably, the adjacent multifamily property at 2038 Hollenbeck Dr (MLS#25574667) is also available, forming an L-shaped configuration with this parcel. While each can be acquired individually, purchasing both may create a unique opportunity for expanded development across approximately 11,418+/- sqft total lot size or for long-term portfolio value (buyer to independently verify any use potential or entitlement feasibility). Located near Metro lines, DTLA, Mariachi Plaza, and the vibrant Arts District, this site is positioned in one of LA's most rapidly evolving neighborhoods. Renderings are conceptual only and provided for inspiration. Buyer to conduct their own due diligence with appropriate agencies.

716 S Boyle Ave, Los Angeles

Courtesy of AJVRE, Austin Vaccaro - CA DRE#02011801

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).