
$1,450,000
Est. $8,120/mo7913 S Main, Los Angeles, CA 90003
About this home
Rare opportunity to acquire a fully entitled, shovel-ready RTI development site for a 3 story, 38-unit multifamily project in Los Angeles Southwest / South Los Angeles. This 100% affordable housing project is approved for approximately 20,500 SF of building area on a 12,323 SF lot, allowing a buyer to immediately commence construction and avoid years of entitlement risk and delays. The project qualifies under Transit Oriented Communities (TOC) Tier 1, with Tier 2 incentives applicable for 100% Affordable Housing, offering substantial density and development advantages. This is an ideal opportunity for affordable housing developers, mission-driven investors, and operators seeking a permit ready project in a high demand urban infill location. Strong fundamentals include proximity to public transportation, major employment centers, and essential neighborhood services, supporting long-term housing demand. With approvals in place and RTI status secured, this offering represents a turn-key development opportunity in one of Los Angeles’ most supply-constrained housing markets. RTI approval in hand. Projects of this size, scale, and readiness are extremely rare.
infoProperty Facts
Lot Size
12,323 sqft
Days on Market
1
HOA Fee
N/A
MLS #
SR26023545
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Thirty Six To Forty Units Acre
Water Source
Other
diversity_3Community & HOA
Association Info
Community Features
Biking
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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