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SAN BENITO LOS ANGELES, CA 90033
- Single Family Home / HUD Foreclosure
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Property Details for SAN BENITO St, LOS ANGELES, CA 90033
Features
- Price/sqft : View Details
- Lot Size : View Details
- Total Units : View Details
- Total Rooms : View Details
- Room List : View Details
- Stories : View Details
- Roof Type : View Details
- Heating : View Details
- Construction Type : View Details
Facts
- Year Built : View Details
- Property ID : View Details
- MLS Number : View Details
- Parcel Number : View Details
- Property Type : View Details
- County : View Details
- Legal Description : View Details
- Zoning : View Details
Sale Type
This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.
Description
PartnersCRE is proud to present for sale a fully RTI 17 Unit 100% Affordable Housing Development on a 6,514 SF in a gentrifying neighborhood of Boyle Heights. Designed with low-cost efficiencies in mind, this 3-story stacked on-grade design featuring 17 x 1 Bedroom units(for a total of around 11,360 SF of rentable space), along with bike storage. Zero parking spaces will allow a developer to avoid the high cost of on-grade or Subterranean parking in this Very Walkable neighborhood with Excellent Transit (according to Walk Score of 81 "Very Walkable"). The future potential income from this project will benefit from access to the HCD Schedule 6 extremely low income and HUD Schedule 1 low income, which are currently standard in Los Angeles for 100% Affordable Projects. Additionally, the location of this property may attract Section 8 voucher tenants increasing the potential income by around 20% for each unit. Boyle Heights is one of the more centrally located parts of LA within close proximity to Echo Park, Silverlake, Downton LA, Chinatown, and the Arts District, and many more prominent locations.
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Property Brokerage:
KELLER WILLIAMS BEVERLY HILLS REALTY
439 N. Canon Dr. Suite 300
Beverly Hills
CA
90210
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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