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    Ready-to-Build Affordable Housing Project Title is generated by Realmo AI

    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:
    309
    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

    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.
    • Bonus incentives received, including additional height, no parking requirement, increased FAR, and reduced open space and setback requirements.
    • Convenient access to public transportation, including Metro Bus stops and proximity to the Metro Train station.
    • Located near LA Southwest College and various public and charter schools.

    Overview

    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

    • Map
    • Local Demand
    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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