Lake Balboa, CA Land for sale

Ready-to-Build Affordable Housing Project

$1,849,999

0.14 Acres

Ready-to-Build Affordable Housing Project

6403 Whitman Ave, Lake Balboa, CA 91406

Fully entitled 37-unit affordable housing project in Lake Balboa.

Fully entitled, RTI permits for a 37‑unit affordable housing project, enabling immediate construction
Significant cost savings due to Type V construction and no parking requirements
Prime location in Lake Balboa, a high‑demand area, directly across from Woodley Park and the Orange Line
TOC Tier 3 location due to proximity to the Metro/Orange Line, promoting walkability and bike accessibility
Optimized unit design (19 one‑bedroom, 18 studios) for maximum affordability and rental income potential

Updated: Mar 9

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$1,849,999

0.14 Acres

Ready-to-Build Affordable Housing Project

6403 Whitman Ave, Lake Balboa, CA 91406

Entitled Lake Balboa project with permits ready for immediate construction.

Fully entitled, RTI (Ready to Issue) permits for a 37‑unit 100% Affordable ED1 project, allowing for immediate construction.
Significant cost savings due to Type V, four‑story, fully stacked wood frame design and no parking requirements.
Located in a high‑demand area of Lake Balboa, close to major employment hubs, shopping (Super King, Costco), and adjacent to Woodley Park.
TOC Tier 3 location due to proximity to the Metro Orange Line, promoting walkability and bike accessibility.
Optimized unit design (19 one‑bedroom, 18 studios) for maximum affordability and rental income potential.

Updated: Mar 5

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Lake Balboa, CA Land Investment Opportunities Market Analysis

Explore 2 land for sale in Lake Balboa, CA on our real estate platform. These investment opportunities span a total of 12,266 square feet of properties for sale, with an estimated market value of $3,699,998.

Sale prices for lots in Lake Balboa, CA start at $1,849,999, averaging $1,849,999, and reaching up to $1,849,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Lake Balboa, CA Land for Sale

Ready-to-Build Affordable Housing Project

Fully entitled 37-unit affordable housing project in Lake Balboa.

Ready-to-Build Affordable Housing Project

Entitled Lake Balboa project with permits ready for immediate construction.