3548 Sabina Street, Los Angeles, CA 90023
3548 Sabina Street, Los Angeles, CA 90023
3548 Sabina Street, Los Angeles, CA 90023
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$999,000
Est. payment /mo
9,000 Sqft Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26670061

HOA Y/N No

Lot Size 9,000 Sqft

Acres 0.2066

Property Sub-Type Unimproved Land

Property Description

We are pleased to present an 8,997 SF Lot with RTI plans located at 3548 Sabina St in Los Angeles, California. The subject property is located in a good Boyle Heights location, just north of Whittier Blvd and west of Indiana St. This offering presents a good Boyle Heights development opportunity on an 8,997 SF lot with RTI plans for a 32-unit, 100% affordable project comprised of 75% (24 units) low-income, 22% (7 units) moderate-income, and 3% (1 unit) market-rate units. The project features a streamlined unit mix of all one-bedroom units within a three-story Type V-A building totaling 14,780 SF. The property has a very efficient stacked layout for reduced construction costs. In addition, there is alley access in the back. Notably, the absence of extremely low-income units supports higher scheduled rents, with projected one-bedroom rents of approximately $2,200 at 80% AMI. The property offers strong access to major corridors, freeways, the Metro E Line, and nearby amenities. Overall, this is a rare opportunity to develop an RTI 32-unit affordable project with an efficient one-bedroom unit mix, favorable income targeting that supports stronger rents, and a cost-effective Type V-A design in a solid Boyle Heights location.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 5188006012


Read Less Info
Bridge MLS
Listed by Jason Tuvia • Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Full Name
Phone*
Message

Go tour this home

3548 Sabina Street