PRIME 100% AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY LINCOLN HEIGHTS
| Website: | https://www.nestseekers.com/5372309 |
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| Address: | 3323 Darwin Ave. Los Angeles, CA 90031 |
| Ownership: | Duplex |
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| Type: | Multi-Family |
| Lot Size: | 14000 sq ft |
Financials
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.
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271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 |