4159 S Central Avenue, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

4159 S Central Avenue

Los Angeles, CA 90011
7,600 Lot Sq Ft
$1,250,000

Property Overview

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.

Home Details

Property type
Land
Lot size
7,600 sq ft
Days on market
0
MLS status
Active
Zoning
LAC2

Features & Amenities

Lot

  • Rectangular Lot
  • Value In Land

Community, Schools & Utilities

Community

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Utilities

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Location & Neighborhood

4159 S Central Avenue

Los Angeles, CA 90011

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Frequently Asked Questions About 4159 S Central Avenue

Property type: Land

The current asking price is $1,250,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4159 S Central Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: John Boyett
MLS ID: CLW-C141733

Available property

$1,250,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.