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4159 S Central Avenue

Los Angeles, CA 90011
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SqFt7,600

Sqft(Lot)

We are pleased to present a 46-unit development opportunity, fully RTI at 4159 S Central Avenue. Currently sitting as a vacant mixed-use building on a 7,598 SF lot, the site is RTI for forty-six (46) units across four (4) stories, or 49ft. The unit mix consists of two (2) studio / one-bathroom units and forty-four (44) one-bedroom / one-bathroom units. Entitled under ED1 (100% affordable), the site has a mix of 80% low income units under schedule 9, and 20% moderate income units under schedule 6 (with exception of one manager unit at market rate). The project delivers approximately 21,520 SF of GBA and 5,914 SF of net livable area. The existing structure consists of 4,892 SF of vacant mixed-use space. For value-add investors and owner-users alike this creates an alternate opportunity to ca pitalize on the existing space while adding square footage to the building. Situated in a solid South-Central location, this offering presents a good opportunity for any developer to capitalize on a high-density and cost efficient multifamily project in a corridor with an active pipeline of proposed affordable and mixed-use projects and a 71%+ renter-occupied housing base.

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Detail Ic Property Details

Property Type : Land

Price : $1,250,000

AD Id : 91731245

MLS Id : 26998135

Lot Size : 7,600 Sq. Ft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 7600 Lot Size Acres: 0.1745 Lot Size Square Feet: 7,600 Lot Description: RectangularLot,ValueInLand

  • Listing Price Information

    Listing Price: $1250000

  • Tax Information

    Parcel Number: 5115022003

  • Location Information

    Direction: The subject property is located in a solid South-Central location, south of E Martin Luther King Jr Boulevard and west on S Central Avenue.
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Nearby Home Value

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142 E Vernon Avenue, Los Angeles, CA, 90011 $700,000 -- -- -- 6,593 Sq. Ft(Lot)

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ByOwner last updated this listing 10/10/2026 @ 00:42

MLS: 26998135 LISTED BY: John Boyett, CBRE SOURCE: CRMLS

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