4424 South Western Avenue
$3,100,000
11,592 / 0.27
Description
PCS Group is pleased to exclusively present for sale an RTI 47-unit Type V-A 4 story apartment building dedicated entirely to affordable housing, replacing an existing one- story commercial structure of 3,696 square feet with a total area of 28,773 square feet. The architectural design features stacked, offset masses that not only enhance the building's visual appeal but also create recessed spaces for landscaped areas. This dynamic yet balanced faade aligns with modern architectural trends, offering...PCS Group is pleased to exclusively present for sale an RTI 47-unit Type V-A 4 story apartment building dedicated entirely to affordable housing, replacing an existing one- story commercial structure of 3,696 square feet with a total area of 28,773 square feet. The architectural design features stacked, offset masses that not only enhance the building's visual appeal but also create recessed spaces for landscaped areas. This dynamic yet balanced faade aligns with modern architectural trends, offering both functionality and aesthetic appeal. The building will include 8 units for very low-income residents (as per Schedule VI), 38 units for low-income residents (as per Schedule I), and 1 unit reserved for the building manager, with no on-site parking provided to promote an environmentally friendly project, and aligns with the city goals. A roof deck will offer common open space, enhancing the living experience for residents. The project is fully privately funded, with no reliance on tax credits or public housing programs, and by setting aside 100% of the units for affordable housing, it qualifies for the TOC (Transit Oriented Communities) Tier 4 affordable housing program, contributing to the availability of low-cost housing options in the area.
- Listed by Amir Lashgari • DRE #01976006 • Brokerage DRE #01854200 • KW Advisors
Property Details for 4424 South Western Avenue
Zoning
LAC2
Parcel Number5016004004
AreaLos Angeles Southwest (C34)
Lot Size Area11592
Source Lot Size AreaDeveloper
Potential UsageRTI 47-unit Type V-A 4 story apartment building dedicated entirely to affordable housing,
Assessor Parcel Number5016-004-004
DirectionsEast of S Western Ave / South of West Vernon Ave
LISTING UPDATED: 09/17/2024 12:01 AM
Property Details for 4424 South Western Avenue
Status | Active |
---|---|
MLS # | 24-437687 |
Days on Market | 103 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.27 AC |
County | Los Angeles County |
Building Information for 4424 South Western Avenue
Lot Size0.27 AC
Property Information for 4424 South Western Avenue
Property History for 4424 South Western Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4424 South Western Avenue
Taxable ValueLand$832,320Additions$280,387Total$1,112,707
Tax Record2024$13,980 ($1,165 / month)
Home Facts
Total Finished SqFt3,696 SqFtAbove Grade Finished SqFt3,696 SqFtStories1Lot Size5,745 SqFtStyleStoresYear Built1956ZoningLAC2CountyLOS ANGELESAPN5016-004-004
Schools near 4424 South Western Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | 5 to 8 | |||
Public - | 6 to 11 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
KIPP Scholar Academy Charter5 to 8 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
California Collegiate Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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