1108 Manzanita Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25501063
HOA Y/N No
Lot Size 7,688 Sqft
Acres 0.18
Property Sub-Type Unimproved Land
Property Description
Outstanding 54-Unit 100% Affordable Housing Development Opportunity, RTI at COE in a highly desirable Silver Lake location near Sunset Junction. This prime project is located on a 7,688 SF lot and is designed as a five-story Type IIIB building under AB 1763 incentives, allowing unlimited density for affordable housing. With a total proposed floor area of 25,750 SF, the development includes 28 studio apartments and 26 one-bedroom units, all designated for affordable housing. The unit breakdown consists of 2 very low-income units, 40 low-income units, 11 moderate-income units, and 1 market-rate manager's unit. The design eliminates the need for parking, further reducing construction costs and ensuring long-term affordability. The residential units range from 280-460 SF, designed to maximize affordability while optimizing rental income per square foot. Located in the heart of Silver Lake, just minutes from Sunset Junction, this property offers an unmatched urban lifestyle with trendy cafes, boutique shops, and top-tier dining within walking distance. Its prime Transit-Priority Zone location ensures seamless connectivity, with multiple bus lines and metro access nearby. Additionally, the area boasts an exceptional Walk Score of 95, allowing residents to fully embrace a car-free lifes
Location
State CA
County Los Angeles
Zoning RD2-
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5429010014