Auction Starting Bid: $400,000 Auction Dates: July 13-15, 2026 This offering features a fully approved RTI development site located at 4159 S. Central Avenue in Los Angeles. The project allows for the construction of a four-story, Type VA apartment building designed to deliver 46 residential units—45 one-bedroom units and one studio—under affordability guidelines. The property benefits from Tier 2 Transit Oriented Community incentives, reducing requirements for vehicle parking and strengthening its position as a highly functional solution for affordable housing near major transit corridors. The site enjoys excellent connectivity with key Los Angeles employment hubs and offers easy access to the 110 and 10 Freeways, public transportation options including Union Station, and proximity to world-class institutions such as USC and California State Long Beach. With bicycle parking integrated into the plan and zero private vehicle parking required, this project capitalizes on a growing urban trend toward sustainable living. Perfectly suited for developers and investors seeking entry into the affordable housing sector, this privately funded project offers certainty with no reliance on tax credits or public subsidies.