CA > Los Angeles
Los Angeles, CA 90016,3444 Hillcrest Drive
Los Angeles, CA 90016,3444 Hillcrest Drive
Los Angeles, CA 90016,3444 Hillcrest Drive
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$2,695,000
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9,863 Sqft Lot
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3444 Hillcrest Drive Los Angeles, CA 90016

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25538575

HOA Y/N No

Lot Size 9,863 Sqft

Acres 0.23

Property Sub-Type Unimproved Land

Property Description

We are proud to present for sale a ready-to-issue (RTI) 48-unit, 100% affordable housing development on a 9,863 SF lot in the gentrifying neighborhood of West Adams, with the potential to add 3+/- ADUs after completion. The proposed development features a 27,409 SF, 5-story, Type III-A Construction slab on grade with a primarily stacked design. All 48 units are 1 bedroom, 1 bath with an average unit size of approximately 475 SF, plus hallways, elevators, and stairs. The restricted rent levels for the project are: 2 very low-income units, 38 low-income units, 7 moderate-income units, and 1 manager's unit. The rent for the very low and moderate-income units can be found on HCD Schedule VI, while the rent for the low-income units can be found on TCAC Schedule IX. Additionally, the location of this property may attract Section 8 voucher tenants, increasing the potential income by around 20% for each unit. West Adams is known for its rich cultural history and vibrant community. Nearby parks include Vineyard Recreation Center, Jim Gilliam Recreation Center, and Baldwin Hills Recreation Center. Zero parking spaces will allow developers to avoid the high cost of on-grade parking. The property is conveniently located in a Metro hub off of Exposition Blvd, providing easy transportation wit

Location

State CA

County Los Angeles

Zoning RD1.

Interior

Fireplace No

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 5046007017

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jordan Petito • Keller Williams Beverly Hills

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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