$1,250,000

4159 S Central Avenue, Los Angeles, CA 90011

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,601sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

We are pleased to present a 46-unit development opportunity, fully RTI at 4159 S Central Avenue. Currently sitting as a vacant mixed-use building on a 7,598 SF lot, the site is RTI for forty-six (46) units across four (4) stories, or 49ft. The unit mix consists of two (2) studio / one-bathroom units and forty-four (44) one-bedroom / one-bathroom units. Entitled under ED1 (100% affordable), the site has a mix of 80% low income units under schedule 9, and 20% moderate income units under schedule 6 (with exception of one manager unit at market rate). The project delivers approximately 21,520 SF of GBA and 5,914 SF of net livable area. The existing structure consists of 4,892 SF of vacant mixed-use space. For value-add investors and owner-users alike this creates an alternate opportunity to capitalize on the existing space while adding square footage to the building. Situated in a solid South-Central location, this offering presents a good opportunity for any developer to capitalize on a high-density and cost efficient multifamily project in a corridor with an active pipeline of proposed affordable and mixed-use projects and a 71%+ renter-occupied housing base.

Listing Status:
Active
Date Added:
October 7, 2026
Data Last Updated:
October 8, 2026 at 9:16PM
Listing Office:
CBRE :
Listing Agent:
John Boyett : 707-815-7472
MLS ID:
26998135
  • Parking: Parking spaces: 0
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC25115022003
  • View: City LightsView
  • Sewer: Other
  • Source: CRMLS_CL

This listing courtesy of John Boyett , CBRE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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