Entitled Affordable Housing Development
843 W 82nd St Los Angeles, CA 90044
843 W 82nd St, Los Angeles, CA, 90044
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For Sale
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Fully entitled for 87 income-restricted units plus manager unit; existing duplex delivered vacant.
Property Size48,123 SF
Price / SF$18.70
Days on Market44
Property Features for 843 W 82nd St
General Information
- Standard status
- Active
- Size
- 48,123 SF
- Property subtype
- Multifamily
Listing agency
Lyon Stahl
Listed by
Ben Lee · License #01972083
Source
Crexi
Added: Jun 9 Updated: Jul 22 at 4:45AM Checked: Jul 22 at 4:45AM
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 Lyon Stahl
Investment Insights
Based on property information with market context.
The property presents a fully entitled affordable housing development opportunity at 843 W 82nd St in Los Angeles. The plans call for a five-story Type III building with a fully stacked layout and a unit mix of 4 studios, 79 one-bedroom units, and 5 two-bedroom units. The entitlement includes 87 income-restricted units plus one manager’s unit, and the existing duplex will be delivered vacant at close of escrow, supporting immediate project commencement. The development also benefits from a no-parking requirement, designed to maximize development efficiency.
As proposed, the project is positioned for residents seeking convenient access to major employment areas including Downtown Los Angeles, Vernon, and Huntington Park. The Walk Score is listed as 90, with access to Metro B and D Rail Lines, multiple Metro bus routes, and connections to Downtown Los Angeles, Hollywood, Echo Park, and Westlake.
This offering is presented as an approved path forward under current regulations, with the affordable component described as potentially eligible for financing through CDFIs and other specialized lenders. Lease-up strategies are also described as well suited for programs referenced in the materials, including Section 8 and supportive housing initiatives.
As proposed, the project is positioned for residents seeking convenient access to major employment areas including Downtown Los Angeles, Vernon, and Huntington Park. The Walk Score is listed as 90, with access to Metro B and D Rail Lines, multiple Metro bus routes, and connections to Downtown Los Angeles, Hollywood, Echo Park, and Westlake.
This offering is presented as an approved path forward under current regulations, with the affordable component described as potentially eligible for financing through CDFIs and other specialized lenders. Lease-up strategies are also described as well suited for programs referenced in the materials, including Section 8 and supportive housing initiatives.
Key Highlights
- Fully entitled affordable housing development for 87 income‑restricted units plus 1 manager’s unit
- Existing duplex to be delivered vacant at close of escrow for immediate project commencement
- Zero‑parking requirement allows higher unit density and simplified development planning
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully entitled for 87 income-restricted units plus manager unit; existing duplex delivered vacant.
Where is this apartment building located?
The property is located at 843 W 82nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully entitled affordable housing development for 87 income‑restricted units plus 1 manager’s unit; Existing duplex to be delivered vacant at close of escrow for immediate project commencement; Zero‑parking requirement allows higher unit density and simplified development planning
