1020 N Ardmore Ave, Los Angeles, CA 90029

This fully entitled, RTI (ready to issue) development site is currently vacant and ready for permit pull and immediate construction. The approved plan calls for 57 units, including a manager’s office that can be converted into a unit, with 40 one-bedroom units and 17 studios. The project is designed as a Type V, four-story “stacked” format with wood frame floors, intended to maximize unit count while reducing construction complexity. The design contemplates a building area of 25,292 square feet on an almost 9,000 square foot lot plus an alley, with a laundry room on each floor, an outdoor bicycle area, and storage. Zoning is LAR3.

The site is located in Los Angeles, CA 90029. The remarks indicate the property is in a TOC Tier 3 area and positioned close to the Vermont/Sunset Metro Subway Station, supporting walkable, bike-friendly access, with proximity described to Larchmont, Silver Lake, and Hollywood.

For developers, investors, contractors, and builders seeking an affordable housing development with approved plans, this land package includes the entitlement status and a unit-by-unit layout built for multiple small-footprint households. The plans also note no parking requirements, which can simplify site planning versus projects requiring on-grade parking. All figures and income estimates referenced in the remarks should be verified by the buyer.