Asking Price: $1,126,000

***RTI. READY TO INICIATE*** WE ARE PROUND TO PRESENT THIS PROJECT AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY, A, 3 STORY 17 UNITS 100% AFFORDABLE HOUSING APARTMENT, INCLUDE 3 STORY TYPE VA APARTMENT, TIER 4 TOC WITH BASE INCENTIVES ONLY, INCLUDE 1 VLI, 13LI. GREAT LOCATION ONLY ONE MILE AWAY TO DTLA, SELLER WILL DELIVERED FULLY ENTITLE, LOCATION AND PROXIMITY TO MAJOR EMPLOYMENT HUBS SUCH A DOWNTOWN LOS ANGELES AND GARMENT INDUSTRY, THIS SUPPORT MULTIPLE LEASE-UP STRATEGIES, INCLUDING FILLING UNITS THROUGH PATH, LAHSA OR SECTION 8, PLANS CALL FOR AN EFFICIENT THREE STORY PROJECT, THE EXISTING DUPLEX WILL BE DELIVERED VACANT. ALLOWING A DEVELOPER TO BREAK GROUND IMMEDIATELY, WITHOUT NAVIGATING THE PLANNING PROCESS OR TAKING ADDITIONAL RISK THROUGH PENDING ORDENANCES THAT ARE LIMITTING THE DEVELOPMENT OF SIMILAR HIGH DENSITY AFFORDABLE. THE PROJECT IS OFFERED AS AN ATTRACTIVE PRICE AND NEGOTIABLE. APPROVED DOCUMENTS ARE IN SUPLEMENTS BOX IN THE MLS