3323 Darwin Avenue, Los Angeles, CA 90031

$3,000,000

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List Price
$3,000,000
Status
ACTIVE
MLS#
26671867
Lot Size
14,000
Acres
0.32
Days on Market
62
Property Type
Land

Property 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. 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.

Additional Information

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None
Attached Structure
Detached

Listing courtesy of Listing Agent: Amir Lashgari (pcs@pcsgroup.co) from Listing Office: Nest Seekers.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.