$ 1,225,000
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$1,225,000
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SqFt
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About the Listing CLW-X75151 - CLW-X92444
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. 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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Vacant Land
MLS ®
26670061
Year Built
Total Square Footage
0
Lot/Acreage
0.21
County
Los Angeles
Area
BOYH - Boyle Heights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LARD1.5
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5188006012
- Tax Year: N/A
Payment Calculator
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Questions About..
3548 Sabina St Los Angeles, CA 90023
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