Property Detail

1949 Adair

Los Angeles CA 90011

$1,350,000

Status: Active

Property Details

Description

39-Unit 100% Affordable Housing Project Rare opportunity to acquire a shovel-ready 39-unit 100% affordable housing project. 39 total units 31 one-bedroom units 8 studio/single units plus 2 additional ADUs, including office space Rooftop deck. No demolition costs, No relocation costs. Ready to break ground Seller is willing to provide seller financing/carryback with a low interest rate for 2 years, providing an attractive opportunity for qualified buyers. This project offers a streamlined path to development with significant pre-development work already completed and no demolition or tenant relocation costs. The seller's willingness to carry financing may further reduce the buyer's upfront capital requirements. Serious buyers/investors are encouraged to inquire for project details, plans, approvals, financials, and seller-financing terms.

Map Location

Listing provided courtesy of Mojgan Yamini of Landmark One Realty. Last updated 2026-10-13 08:38:23.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
Inquire Now

By submitting this form, I agree to be contacted by Collins Coastal and Coldwell Banker Realty at the phone number provided, including by text messages sent with automated technology. Consent is not a condition of purchase. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for help at any time, or click the unsubscribe link in emails. We do not share mobile opt-in information with third parties for marketing purposes. Privacy Policy and Terms of Service

admin Real estate https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png realtor https://g.page/r/CayICkO-JykjEBM/review # # https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png