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$ 3,000,000
Est. payment | /mo
0.32 Acres Lot
$ 3,000,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26671867
HOA Y/N No
Lot Size 0.321 Acres
Property Description
Delivered RTI (Ready-To-Issue) 100% affordable housing development opportunity in Lincoln Heights. Rare assembled corner lot totaling 14,000 SF across 3323 & 3327 Darwin Ave with approved plans for a 5-story, 70-unit multifamily project totaling approximately 37,000 buildable SF. Project maximizes density through Los Angeles Density Bonus and AB 2345 incentives. Significant value-add through delivered RTI status, eliminating entitlement risk and reducing development timelines. Ideal for nonprofit or for-profit affordable housing developers seeking a ready-to-build opportunity for TCAC, LIHTC, tax-exempt bond financing, or other affordable housing capital sources. Strategic infill location near Downtown Los Angeles, transit access, and major employment hubs in a high-demand, supply-constrained market.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD2
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5211003026
Special Listing Condition Standard
Listed by Amir Lashgari Nest Seekers #01976006
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