Silver Lake Affordable Housing
For Sale
$2,250,000
1108 Manzanita St Los, Los Angeles, CA 90029
Ready-to-Issue 54-unit affordable housing development opportunity in Silver Lake.
Property SizeContact for details
Lot Size0.18 Acres
Days on Market200
Property Features for 1108 Manzanita St Los
General Information
Standard status
Active
Lot size
0.18 Acres
Property subtype
Unimproved Land
Listing Agency:
KELLER WILLIAMS BEVERLY HILLS REALTY
(818) 653-2663
Listed By:
Dario Svidler · License #01884474
(818) 653-2663
Source:
Kw
Added: Jan 21
Changed: Aug 8
Last Checked: Jul 16 at 6:31AM
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 KELLER WILLIAMS BEVERLY HILLS REALTY
Investment Insights
Based on property information with market context.
This is a 54-unit affordable housing development opportunity in a Silver Lake location near Sunset Junction. Located on a 7,688 square foot lot, the project is designed as a five-story Type IIIB building utilizing AB 1763 incentives, which allows for unlimited density for affordable housing. The total proposed floor area is 25,750 square feet, including 28 studio apartments and 26 one-bedroom units, all designated for affordable housing. The unit breakdown includes 2 very low-income units, 40 low-income units, 11 moderate-income units, and 1 market-rate manager's unit. The design eliminates the need for parking. The residential units range from 280 to 460 square feet. The property is located in the heart of Silver Lake, minutes from Sunset Junction, with cafes, shops, and dining within walking distance. Its Transit-Priority Zone location ensures connectivity, with bus lines and metro access nearby. The area has a Walk Score of 95. All entitlements and approvals are secured, and the project will be delivered in Ready-to-Issue status and vacant at the close of escrow.
Key Highlights
- Ready‑to‑Issue (RTI) status with all entitlements and approvals secured, providing an immediate path to development.
- Prime Silver Lake location near Sunset Junction, offering an unmatched urban lifestyle with access to amenities and transit.
- 54‑unit affordable housing development opportunity with unlimited density allowed under AB 1763 incentives.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,912
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Ready-to-Issue 54-unit affordable housing development opportunity in Silver Lake.
Where is this residential land & home lot located?
The property is located at 1108 Manzanita St Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Ready‑to‑Issue (RTI) status with all entitlements and approvals secured, providing an immediate path to development.; Prime Silver Lake location near Sunset Junction, offering an unmatched urban lifestyle with access to amenities and transit.; 54‑unit affordable housing development opportunity with unlimited density allowed under AB 1763 incentives.
