We are pleased to present an outstanding investment opportunity at 700 W 120th Street in Los Angeles, California. This 9,605 square foot lot will be delivered with Ready-to-Issue (RTI) ED1 for a four-story, 50-unit affordable housing development. The project features mostly one-bedroom units and 3 studio units catering to high demand for attainable housing in the area. With streamlined approvals and no parking requirement under AB 2345, this offering presents an efficient and cost-effective development in a high-need market. This is a rare opportunity to invest in a fully entitled, transit-oriented project in one of Los Angeles’ most underserved communities.
Please call Sierra @ 323-991-7733 or email sierra@therise.group for more information or questions.