Property Detail

Description

The approved plans feature 28 one-bedroom and four two-bedroom units, including four deed-restricted extremely low-income units. With no tenant relocation required, this project provides investors with the chance to capitalize on Los Angeles' affordable housing incentives, including Section 8 rental potential and no parking requirements under AB 2097. Priced at just $36,719 per buildable unit and $146 per SF, the property is an attractive option in a high-demand rental market. Boyle Heights remains a thriving investment market located near schools, major employment centers in the Arts District, Vernon, and Downtown LA, and well-connected by Metro transit options. This site is ideally positioned for renters seeking convenience and accessibility.