PRIME 100% AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY LINCOLN HEIGHTS


Property

Website:https://www.nestseekers.com/5372309
Address:
3323 Darwin Ave.
Los Angeles, CA 90031
Ownership: Duplex
Type: Multi-Family
Lot Size: 14000 sq ft

Financials

Price:$3,000,000

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 and includes 33 parking spaces. 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.

Contact

!TEMPLATE!agent.thumb!VAR!!TEMPLATE!agent.summary!VAR!
!TEMPLATE!agent.thumb!VAR!!TEMPLATE!agent.summary!VAR!
!TEMPLATE!agent.thumb!VAR!!TEMPLATE!agent.summary!VAR!
271 North Canon Drive Beverly Hills, CA 90210

3323 Darwin Ave, Lincoln Heights, CA 90031, USA