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10715 S Western Avenue Los Angeles, CA 90047

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For Sale
$3,392,000

Approved RTI project for 106-unit residential development in Los Angeles.

Added:
Jul 15, 2025
Days on Market:
260
Last Refresh:
Mar 16 at 9:08 am

Property Features for 10715 S Western Avenue

General Information

Standard status
Active

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Listing Contact
CARLOS SKUBACZ

Listing agent CARLOS SKUBACZ

Listing office RE/MAX 2000

Listing date Jul 15, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 2000


Overview

Ready-to-Build Affordable Housing Project

This is an RTI (Ready-To-Issue) project for a 106-unit residential development in Los Angeles, situated at the corner of Western Ave and 108th St. The project involves demolishing an existing commercial building and constructing a new five-story residential building with a height of 61'5". The development is designated as 100% residential and includes 83 units for low-income residents, 22 units for moderate-income residents, and one market-rate manager's unit. The building's gross area is 57,690 square feet. As a 100% affordable housing project, no residential parking is required. The property is located near several Metro Bus stops and provides 78 long-term bicycle parking stalls for residents. The project has met all ED1 eligibility criteria and has received bonus incentives, including permission for three additional stories, no parking requirement, a Floor Area Ratio (FAR) of 3.30:1, reduced open space requirements, and reduced setbacks for the building. The Metro Train station is located along the 105 Fwy at Crenshaw and 105 Vermont/Athens Stations. The property is also located a short distance to LA Southwest College and various public and charter schools. The approved plans maximize the Cost/Unit for a Developer and allow for immediate construction.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Equity Fortunes Loan Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.309
Latitude
33.9387

FAQs

What type of property is this?
Apartment building - Approved RTI project for 106-unit residential development in Los Angeles.
Where is this apartment building located?
The property is located at 10715 S Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,392,000.
What are key features of this property?
This property features: RTI project with approved plans ready for immediate construction, saving significant time and resources.; 106‑unit residential development project in Los Angeles.; 100% affordable housing project with a mix of low‑income, moderate‑income, and market‑rate units.
More about this property
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