4159 S Central Avenue

Description

Kidder Mathews is pleased to present a 100% affordable housing development opportunity in Historic South Central, just 1.7 miles southeast of the USC and Exposition Park.The 7,598 SF lot will be delivered RTI for 46 100% affordable units Plans call for 2 studios (average 273 SF) and 44 one-bedroom units (330-360 SF) with no parking required. The 4-story building totals 21,520 gross sf of Type V-A construction. The seller will deliver the project with a complete set of plans fully RTI and a vacant commercial building existing on the site. The project is located walking distance to Wadsworth Elementary, Sally Ride Elementary, Harmony Elementary, Thomas Jefferson High School, Nava College Preparatory Academy, and Ross Snyder Recreation Center.Building amenities include a laundry room, office room, 44 bicycle spaces, and a 3,046 sf roof deck with views of Downtown LA to the north. While the plans call for 46 units, new ownership could re-envision the project to significantly increase the density and number of units

Listing information courtesy of: Austin Mudd, Kidder Mathews of California, Inc. 310-492-8402. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.