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1112 Manzanita St - 54-Unit 100% Affordable Housing Development Lot • Résidentiel • 0,18 Acres • 3 250 943 $ CAD • Los Angeles, CA 90029



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 54 Unit Ready-to-Issue 100% Affordable Housing Project
- Type III-B Construction - Stacked Unit Layout
- In the heart of Silver Lake - Near Metro B (Red) Line Subway Station
- Rent Schedules: HCD Schedule VI & TCAC Schedule IX
- Unit Sizes from 270 SF to 460 SF
- Walk Score of 95 - "Walker's Paradise"
RÉSUMÉ DE L'ANNONCE
PartnersCRE is proud to offer an outstanding 54 Unit 100% Affordable Housing Development Opportunity in one of the most sought-after locations, in desirable Silver Lake, right near Sunset Junction. The Project will be delivered RTI at COE.
At a cul-de-sac on an alley just steps down from Sunset Blvd., past a community garden, this beautifully designed stacked project will sit on a 7,688 SF lot, utilizing Type IIIB construction for the five-story layout; under AB 1763 incentives, this project was allowed unlimited density for affordable housing.
With a total proposed Gross Floor Area of 25,750 SF, the Development Project includes 28 studio apartments and 26 one-bedroom units, all (but the Manager’s Unit) designated for Affordable Housing.
The approved 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, relying on the rapid Bus System on Sunset and the Metro B Line subway (less than a mile away), and the Walker’s Paradise designation, reducing construction costs along with the stacked-design. The residential units range from 280 to 460 SF, designed to maximize affordability while optimizing rental income per square foot.
Located in the heart of Silver Lake, in Sunset Junction, this property offers an unmatched urban lifestyle with trendy cafes, boutique shops, top-tier and affordable dining within walking distance. The 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 lifestyle.
With all entitlements and approvals secured, the project will be delivered in Ready-to-Issue status and will be delivered vacant at the close of escrow, providing an immediate and seamless path to development.
At a cul-de-sac on an alley just steps down from Sunset Blvd., past a community garden, this beautifully designed stacked project will sit on a 7,688 SF lot, utilizing Type IIIB construction for the five-story layout; under AB 1763 incentives, this project was allowed unlimited density for affordable housing.
With a total proposed Gross Floor Area of 25,750 SF, the Development Project includes 28 studio apartments and 26 one-bedroom units, all (but the Manager’s Unit) designated for Affordable Housing.
The approved 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, relying on the rapid Bus System on Sunset and the Metro B Line subway (less than a mile away), and the Walker’s Paradise designation, reducing construction costs along with the stacked-design. The residential units range from 280 to 460 SF, designed to maximize affordability while optimizing rental income per square foot.
Located in the heart of Silver Lake, in Sunset Junction, this property offers an unmatched urban lifestyle with trendy cafes, boutique shops, top-tier and affordable dining within walking distance. The 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 lifestyle.
With all entitlements and approvals secured, the project will be delivered in Ready-to-Issue status and will be delivered vacant at the close of escrow, providing an immediate and seamless path to development.
FAITS SUR LA PROPRIÉTÉ
| Prix | 3 250 943 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 0,18 AC |
| Type de propriété | Terrain | ||
| Zonage | RD2-1VL | ||
| Prix | 3 250 943 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | |
| Taille totale du lot | 0,18 AC |
| Zonage | RD2-1VL |
1 LOT DISPONIBLE
Lot
| Prix | 3 250 943 $ CAD | Taille du lot | 0,18 AC |
| Prix par AC | 18 422 176,87 $ CAD |
| Prix | 3 250 943 $ CAD |
| Prix par AC | 18 422 176,87 $ CAD |
| Taille du lot | 0,18 AC |
1 1
Walk Score®
Un paradis pour un marcheur (95)
Bike Score®
Très cyclable (73)
Impôts fonciers
| Numéro de lot | 5429-010-014 | Évaluation des bâtiments | 411 788 $ CAD |
| Évaluation du terrain | 1 235 365 $ CAD | Évaluation totale | 1 647 153 $ CAD |
Impôts fonciers
Numéro de lot
5429-010-014
Évaluation du terrain
1 235 365 $ CAD
Évaluation des bâtiments
411 788 $ CAD
Évaluation totale
1 647 153 $ CAD
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1112 Manzanita St - 54-Unit 100% Affordable Housing Development
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