10715 S Western Ave Los Angeles, CA 90047
Approved RTI project for 106-unit residential development in Los Angeles.
Property Features for 10715 S Western Ave
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agent: Carlos Skubacz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30922
- Latitude
- 33.93867
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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 Ave Los Angeles, CA.
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.