Available
3444 Hillcrest Dr
Los Angeles, CA 90016
$2,095,000
48-Unit Affordable Housing, Fully Ready to Issue
InquireProperty details
- Category
- Affordable Housing
- Units
- 48
- Lot
- 9,863 SF
- Building
- 27,409 SF
- Price / unit
- $43,646
- Zoning
- RD1.5-1, Tier 3 TOC
- APN
- 5046-007-017
Highlights
- 48 units, all one-bedroom, plus about 3 potential ADUs
- 100% affordable, described as fully ready to issue
- Five stories, Type III-A, about 27,409 SF gross
- 9,863 SF lot in West Adams
- Existing triplex to be delivered vacant
- Zoning RD1.5-1 in a Tier 3 TOC area
Ready-to-issue plans for a 48-unit, 100% affordable building on a 9,863-square-foot lot in West Adams. The memorandum describes about three additional ADUs as a possibility after completion, not as part of the 48-unit count.
The proposed building is five stories, Type III-A, about 27,409 square feet gross and about 20,877 square feet rentable. All 48 base units are one-bedroom, one-bath, averaging about 475 square feet. The published rent mix is 2 very-low-income units, 38 low-income units, 7 moderate-income units, and 1 manager’s unit. Zoning is RD1.5-1 in a Tier 3 Transit Oriented Communities area. APN 5046-007-017. The existing triplex is to be delivered vacant. Asking price is $2,095,000.
Representation
Agents
Dario Svidler
Executive Vice President, PartnersCRE
- (424) 600-7633
- dario@svidlercre.com
- DRE 01884474
Jordan Petito
Senior Vice President, PartnersCRE
- (310) 734-2245
- (310) 497-4362
- jordan@petitocre.com
- DRE 02023714
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