2
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$1,350,000
Est. payment /mo
7 Beds
2 Baths
7,195 Sqft Lot
New
1949 Adair St Los Angeles, CA 90011
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UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26997937
Bedrooms 7
Lot Size 7,195 Sqft
Acres 0.1652
Property Description
39-Unit 100% Affordable Housing Project Rare opportunity to acquire a shovel-ready 39-unit 100% affordable housing project. 39 total units 31 one-bedroom units 8 studio/single units plus 2 additional ADUs, including office space Rooftop deck. No demolition costs, No relocation costs. Ready to break ground Seller is willing to provide seller financing/carryback with a low interest rate for 2 years, providing an attractive opportunity for qualified buyers. This project offers a streamlined path to development with significant pre-development work already completed and no demolition or tenant relocation costs. The seller's willingness to carry financing may further reduce the buyer's upfront capital requirements. Serious buyers/investors are encouraged to inquire for project details, plans, approvals, financials, and seller-financing terms.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning C2
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Landmark One Realty
NEARBY SCHOOL & BUSINESS
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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