Ready-to-Build Affordable Housing
For Sale
$3,392,000
10715 S Western Avenue, Los Angeles, CA 90047
Approved RTI project for 106-unit residential development in Los Angeles.
Property SizeContact for details
Days on Market406
Property Features for 10715 S Western Avenue
General Information
Standard status
Active
Listing Agency:
RE/MAX 2000
Listed By:
CARLOS SKUBACZ
Source:
Corcoran
Added: Jul 15, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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.
