0 Baths

$1,250,000

4159 S Central Avenue, Los Angeles CA, 90011

Price per sqft$164.47

Lot size0.17 Acres

Property typeLand

Listed by John Boyett CA DRE# 02056759 with CBRE [email protected]

Overview

Active

Listed Oct 7, 2026

Updated 16h ago

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.

Additional information

MLS^® ID: 26998135

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Listed by John Boyett CA DRE# 02056759 with CBRE [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/8/2026 at 7:28 AM UTC Last Checked: 7:28 AM UTC