Ideal for developers and investors seeking a turnkey, shovel-ready affordable housing project with strong upside and immediate income potential in the heart of Los Angeles. Incredible opportunity to develop a fully RTI-approved 50-unit 100% affordable housing project in South LA. The 9,315 SF C2-zoned lot is approved for 50 one-bedroom units, totaling approx. 28,963 SF of gross building area. Projected monthly rental income is approx. $105,000, based on current HACLA Section 8 rents—offering immediate and reliable long-term cash flow with significant upside. Located in the vibrant 90003 ZIP code, this transit-rich neighborhood is surrounded by major employment hubs (Downtown LA, Hollywood, Wilshire Center), Metro stations, and an endless mix of restaurants, shopping, and services. High walkability, strong tenant demand, and limited affordable housing supply make this a premier opportunity for developers and investors looking to secure a strong return on their investment with long-term stable cash flow through potential Section 8 rents. Buyer to verify all information to their own satisfaction. Listing broker and seller make no guarantees and shall be held harmless for any inaccuracies.