1949 Adair St

Los Angeles, CA 90011
  • $1,350,000

    Price
  • 0.17

    Acre

About the Listing CLW-X83242 - CLW-X56559

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.

Listing Highlights for 1949 Adair St

Status Active
Days on Site 9
Property Type Commercial Sale
MLS ® 26997937
Year Built
Lot/Acreage 0.17

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
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  • Floor:
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  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: C2
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5127003001
  • Tax Year: N/A

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Listing Location

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1949 Adair St Los Angeles, CA 90011

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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