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1108 Manzanita Street

Los Angeles, CA 90029
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SqFt7,688

Sqft(Lot)

Price Reduced! Outstanding 54-Unit 100% Affordable Housing Development Opportunity, RTI at COE in a highly desirable Silver Lake location near Sunset Junction. This prime project is located on a 7,688 SF lot and is designed as a five-story Type IIIB building under AB 1763 incentives, allowing unlimited density for affordable housing. With a total proposed floor area of 25,750 SF, the development includes 28 studio apartments and 26 one-bedroom units, all designated for affordable housing. The unit breakdown consists of 2 very low-income units, 40 low-income units, 11 moderate-income units, and 1 market-rate manager's unit. The design eliminates the need for parking, further reducing construction costs and ensuring long-term affordability. The residential units range from 280-460 SF, desig ned to maximize affordability while optimizing rental income per square foot. Located in the heart of Silver Lake, just minutes from Sunset Junction, this property offers an unmatched urban lifestyle with trendy cafes, boutique shops, and top-tier dining within walking distance. Its prime Transit-Priority Zone location ensures seamless connectivity, with multiple bus lines and metro access nearby. Additionally, the area boasts an exceptional Walk Score of 95, allowing residents to fully embrace a car-free lifestyle. With all entitlements and approvals secured, the project will be delivered in Ready-to-Issue status and will be delivered vacant at the close of escrow, providing an immediate and seamless path to development.

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Detail Ic Property Details

Property Type : Land

Price : $2,250,000

AD Id : 74373602

MLS Id : 26640823

Lot Size : 7,688 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 7688 Lot Size Acres: 0.1765 Lot Size Source: Appraiser Lot Size Square Feet: 7,688

  • Listing Price Information

    Listing Price: $2250000
    Original Price: $2350000

  • Tax Information

    Parcel Number: 5429010014

  • Location Information

    Direction: Sunset Junction in Silver Lake. At a cul-de-sac at the bottom of a staircase from Sunset Blvd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1127 N Normandie, Los Angeles, CA, 90029 $849,000 -- -- -- 5,352 Sqft(Lot)
1020 N Ardmore Avenue, Los Angeles, CA, 90029 $2,299,999 -- -- -- 8,917 Sqft(Lot)
926 N Kingsley Drive, Los Angeles, CA, 90029 $1,050,000 -- -- -- 8,683 Sqft(Lot)
5432 Virginia Avenue, Los Angeles, CA, 90029 $4,450,000 -- -- -- 14,992 Sqft(Lot)

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ByOwner last updated this listing 08/14/2026 @ 13:09

MLS: 26640823 LISTED BY: Dario Svidler, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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