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1432 E 25th St, Los Angeles, CA 90011
$2,350,000
1432 E 25th St, Los Angeles, CA 90011View this property at 1432 E 25th St, Los Angeles, CA 90011
1432 E 25th StLos AngelesCA90011
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Property Description
An affordable housing development opportunity at 1432 E 25th St just south of Downtown Los Angeles. The 10,509 SF lot will be delivered RTI for 54 income-restricted units and 1 manager unit. The project is located between Hooper Ave and Compton Ave, just 3 miles east of USC. The project is offered at a low $44,545 per buildable unit, with no tenant relocation required. There is currently an existing 4,196 SF structure that will be delivered vacant at the close of escrow.Plans call for 6 singles (320 SF) and 49 one-bedroom units (388 SF) with no parking required. The four-story building totals 26,048 SF and includes amenities such as a 4,400 SF communal roof deck, allowing residents unobstructed views of Downtown Los Angeles to the north. Located in a dense, infill location of South Los Angeles with an easy commute to Downtown and Vernon; walk score of 77 and close to multiple Metro local lines and the Metro A rail line. The cost-efficient design calls for four stories of Type V construction, with no parking requirements. Design features of the project include stucco-clad, vertically undulating balconies sweeping across the main elevation seamlessly integrating modern design elements with functionality. Potential design finishes for the balconies include a wood trim on all inside-facing planes, and a design element that is continued through the building's exterior-facing corridors, creating outstanding visual appeal, and elevating the project above other new developments
Full Property Details
Full Property Details for 1432 E 25th St
General
- Sold For: $2,350,000
- Status: Closed
- Type: Lots/Land
- MLS ID: 23-312583
- Added to Site: 240 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: Just south of Downtown Los Angeles, and one block north of Adams
Lot Features
- Property View: City
- Lot Size (Acres): 0.2411
- Lot Size: 10509
- Lot Size Source: Owner
- Lot Features: None
- Zoning: LARD1.5
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5118-009-030
Listed and Sold by Marcus & Millichap, Neema Ahadian
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Schools
Schools serving 1432 E 25th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1569 E 32nd St, Los Angeles, CA 90011 | K-5 | 0.3 mi | |
1420 E Adams Blvd, Los Angeles, CA 90011 | 6-8 | 0.1 mi | |
1319 E 41st St, Los Angeles, CA 90011 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1432 E 25th St
Date
Details
Price
Change
Source
3/15/2024
Sold
$2,350,000
-4.08%
MLS
9/01/2023
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1432 E 25th St, Los Angeles, CA 90011 (MLS# 23-312583) is a Lots/Land property that was sold at $2,350,000 on March 15, 2024. Want to learn more about 1432 E 25th St? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.