47-Unit 100% Affordable Housing Development | RTI - Los Angeles, CA

For Sale

4424 S Western Ave, Los Angeles, CA 90062

This Los Angeles property for sale is located at 4424 S Western Ave. The current listed sale price for 47-Unit 100% Affordable Housing Development | RTI - Los Angeles, CA is $2,100,000. 47-Unit 100% Affordable Housing Development | RTI - Los Angeles, CA is situated on a lot that is 11,592 square feet in size.

Contacts

broker
Reza Ghobadi

Property Details

  • Property Type Other
  • Property Size 28,773 SF
  • Lot Size 11,592 SF
  • Date Updated Aug 18, 2025

Offered for sale is a rare, shovel-ready affordable housing development opportunity located at 4424-4428 S. Western Avenue in the heart of South Los Angeles. The project has full entitlements and will be delivered Ready-To-Issue (RTI) with building permits in place for a four-story, 47-unit Type V-A apartment building - a fully affordable housing community with no on-site vehicle parking required.

Strategically located in a Transit Oriented Community (TOC) Tier 3 zone, the project benefits from significant density and parking incentives under the TOC guidelines, facilitating efficient and cost-effective development. This infill site is ideally positioned for a sponsor seeking to deliver much-needed affordable housing in Los Angeles while maximizing entitlements and return on investment through streamlined approvals and RTI delivery.

This is an exceptional opportunity for mission-driven developers, nonprofit organizations, or LIHTC-focused investors to acquire a fully entitled, permit-ready project in one of the most underserved housing markets in Los Angeles.

Contact us today to request the full due diligence package.

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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 67/100

    Walk Score ®

  • 58/100

    Transit Score ®

  • 54/100

    Bike Score ®

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Location

  • City Los Angeles, CA
  • Neighborhood Vermont Square
  • Zip Code 90062
  • Market Los Angeles

Points of Interest

  • Expo/Western

    1.05 miles

  • Leimert Park

    1.39 miles

  • Expo/Vermont

    1.43 miles

  • Martin Luther King Jr.

    1.62 miles

  • Hyde Park

    1.63 miles

  • Fairview Heights

    2.50 miles

  • Farmdale

    2.59 miles

  • Grand/LATTC

    3.07 miles

  • San Pedro Street

    3.44 miles

  • Downtown Inglewood

    3.49 miles

  • Chevron

    0.02 miles

  • Shell

    0.83 miles

  • 76

    0.95 miles

  • Gold Star Gas

    0.97 miles

  • Arco

    1.40 miles

  • Electric Vehicle Charging Station

    1.71 miles

  • Culver City Supercharger

    4.82 miles

  • FLO

    4.98 miles

  • Volta

    5.98 miles

  • ChargePoint

    6.96 miles

  • Numero Uno Market Parking

    0.49 miles

  • Lot 5

    1.31 miles

  • Lot 4

    1.35 miles

  • Joe's Auto Parks

    1.37 miles

  • Automate Parking Inc.

    1.39 miles

  • Gold Lot

    1.42 miles

  • North Parking Structure

    1.47 miles

  • Green Lot

    1.48 miles

  • Visitor Parking Structure

    1.60 miles

  • Downey Way Parking Structure

    1.62 miles

  • Americas Best Value Inn & Suites Los Angeles Downtown SW

    0.34 miles

  • City Motel

    1.49 miles

  • Furst Motel

    1.71 miles

  • Solo Motel

    1.77 miles

  • University of Southern California Hotel

    1.93 miles

  • Budget Motel

    2.01 miles

  • Boulevard Motel

    2.34 miles

  • Travel Inn Motel

    2.35 miles

  • Bethel House

    2.89 miles

  • Hollywood Stay

    3.01 miles

  • Big Lots

    0.95 miles

  • Slauson Super Mall

    1.03 miles

  • Food 4 Less

    1.06 miles

  • El Super

    1.32 miles

  • Superior Grocers

    1.48 miles

  • Ross

    1.50 miles

  • Right Choice Caribbean Market

    1.56 miles

  • Smart & Final

    1.66 miles

  • Sears

    1.73 miles

  • Albertsons

    1.73 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Reza Ghobadi
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