4159 S Central Ave, Los Angeles, CA 90011
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4159 S Central Ave, Los Angeles, CA 90011
4159 S Central Ave, Los Angeles, CA 90011
4159 S Central Ave, Los Angeles, CA 90011
4159 S Central Ave, Los Angeles, CA 90011
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Cherrie And Zach

Cherrie And Zach

+1(661) 312-2536
$ 1,160,000
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Price Dropped by $90K

4159 S Central Ave Los Angeles, CA 90011

7,600 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26998135

Lot Size 7,600 Sqft

Acres 0.1745

Property Description

We are pleased to present a 46-unit development opportunity, fully RTI at 4159 S Central Avenue. Currently sitting as a vacant mixed-use building on a 7,598 SF lot, the site is RTI for forty-six (46) units across four (4) stories, or 49ft. The unit mix consists of two (2) studio / one-bathroom units and forty-four (44) one-bedroom / one-bathroom units. Entitled under ED1 (100% affordable), the site has a mix of 80% low income units under schedule 9, and 20% moderate income units under schedule 6 (with exception of one manager unit at market rate). The project delivers approximately 21,520 SF of GBA and 5,914 SF of net livable area. The existing structure consists of 4,892 SF of vacant mixed-use space. For value-add investors and owner-users alike this creates an alternate opportunity to capitalize on the existing space while adding square footage to the building. Situated in a solid South-Central location, this offering presents a good opportunity for any developer to capitalize on a high-density and cost efficient multifamily project in a corridor with an active pipeline of proposed affordable and mixed-use projects and a 71%+ renter-occupied housing base.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Exterior

View Y/N Yes

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Building

Lot Description Single Lot, Lot Shape-Rectangular, Value In Land, Redevelopment Area, Tear Down On Lot

Sewer In Street

Water In Street

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CBRE

Nearby Locations

Cherrie And Zach

Cherrie And Zach

Agent License ID: 01904568

+1(661) 312-2536

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4159 S Central Ave