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4159 S Central Ave - Land Auction | RTI Project | 46 Units 0.17 Acres of Commercial Land in Los Angeles, CA 90011
Investment Highlights
- Fully approved RTI project for a four-story building with 46 residential units.
- Designed as a 100% affordable housing development with integrated bicycle parking.
- Located near major freeways, transit stations, and leading universities including USC.
- Tier 2 TOC designation supports reduced parking requirements.
- Gross building area of approximately 21,520 square feet on a 7,598 square-foot lot.
- Situated in Southeast Los Angeles with strong connectivity to employment centers and amenities.
Executive Summary
Auction Starting Bid: $400,000
Auction Dates: July 13-15, 2026
This offering features a fully approved RTI development site located at 4159 S. Central Avenue in Los Angeles. The project allows for the construction of a four-story, Type VA apartment building designed to deliver 46 residential units—45 one-bedroom units and one studio—under affordability guidelines. The property benefits from Tier 2 Transit Oriented Community incentives, reducing requirements for vehicle parking and strengthening its position as a highly functional solution for affordable housing near major transit corridors.
The site enjoys excellent connectivity with key Los Angeles employment hubs and offers easy access to the 110 and 10 Freeways, public transportation options including Union Station, and proximity to world-class institutions such as USC and California State Long Beach. With bicycle parking integrated into the plan and zero private vehicle parking required, this project capitalizes on a growing urban trend toward sustainable living. Perfectly suited for developers and investors seeking entry into the affordable housing sector, this privately funded project offers certainty with no reliance on tax credits or public subsidies.
Auction Dates: July 13-15, 2026
This offering features a fully approved RTI development site located at 4159 S. Central Avenue in Los Angeles. The project allows for the construction of a four-story, Type VA apartment building designed to deliver 46 residential units—45 one-bedroom units and one studio—under affordability guidelines. The property benefits from Tier 2 Transit Oriented Community incentives, reducing requirements for vehicle parking and strengthening its position as a highly functional solution for affordable housing near major transit corridors.
The site enjoys excellent connectivity with key Los Angeles employment hubs and offers easy access to the 110 and 10 Freeways, public transportation options including Union Station, and proximity to world-class institutions such as USC and California State Long Beach. With bicycle parking integrated into the plan and zero private vehicle parking required, this project capitalizes on a growing urban trend toward sustainable living. Perfectly suited for developers and investors seeking entry into the affordable housing sector, this privately funded project offers certainty with no reliance on tax credits or public subsidies.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.17 AC |
| Zoning | C2-2D-CPIO - C2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.17 AC |
| Zoning | C2-2D-CPIO - C2 |
1 Lot Available
Lot
| Lot Size | 0.17 AC |
| Lot Size | 0.17 AC |
Fully approved RTI project for a four-story building with 46 residential units on a 7,598 square foot lot.
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Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5115-022-003 | Improvements Assessment | $255,360 CAD |
| Land Assessment | $606,321 CAD | Total Assessment | $861,680 CAD |
Property Taxes
Parcel Number
5115-022-003
Land Assessment
$606,321 CAD
Improvements Assessment
$255,360 CAD
Total Assessment
$861,680 CAD
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4159 S Central Ave - Land Auction | RTI Project | 46 Units
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