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3323 Darwin Avenue

Los Angeles CA 90031

14000 sq. ft.
Land
Currently for sale - view listing

Overview

Delivered RTI (Ready-To-Issue) 100% affordable housing development opportunity in Lincoln Heights. Rare assembled corner lot totaling 14,000 SF across 3323 & 3327 Darwin Ave with approved plans for a 5-story, 70-unit multifamily project totaling approximately 37,000 buildable SF. Project maximizes density through Los Angeles Density Bonus and AB 2345 incentives and includes 33 parking spaces. Significant value-add through delivered RTI status, eliminating entitlement risk and reducing development timelines. Ideal for nonprofit or for-profit affordable housing developers seeking a ready-to-build opportunity for TCAC, LIHTC, tax-exempt bond financing, or other affordable housing capital sources. Strategic infill location near Downtown Los Angeles, transit access, and major employment hubs in a high-demand, supply-constrained market.

Features

14000 sq. ft. lot size
Land

Property history for 3323 Darwin Avenue

2024
Sold
$66,000
16 Jul 2024 by Jose Sanchez Rosales, of Downtown, Inc, REATORS

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Local market activity for land plots in Los Angeles

In the last 12 months, 10 land plots similar to 3323 Darwin Avenue, have been sold.

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