5304 S Figueroa Street, Los Angeles, CA 90037

A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times. All buildings have demolished. Shovel ready land-POSSIBLE SELLER FINANCING AVAILABLE -SOILS REPORT HAS ALREADY BEEN COMPLETED-READY-TO-ISSUE PERMITS FOR 32-UNITS-ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY-NO TENANT RELOCATION AT ALL