Irina Teilore

3548 Sabina Street, Los Angeles, CA 90023

$1,225,000
  • 3548 Sabina Street, Los Angeles, CA 90023 Main Photo

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Active
LOT SIZE 0.207 acres MLS#26670061
STATUSActive PROPERTY TYPELand - Lot/Land

Listing Courtesy of: Marcus & Millichap
Agency Phone: 818-212-2700
Associate Name: Jason Tuvia
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Irina Teilore


Property Description

We are pleased to present an 8,997 SF Lot with RTI plans located at 3548 Sabina St in Los Angeles, California. The subject property is located in a good Boyle Heights location, just north of Whittier Blvd and west of Indiana St. This offering presents a good Boyle Heights development opportunity on an 8,997 SF lot with RTI plans for a 32-unit, 100% affordable project comprised of 75% (24 units) low-income, 22% (7 units) moderate-income, and 3% (1 unit) market-rate units. The project features a streamlined unit mix of all one-bedroom units within a three-story Type V-A building totaling 14,780 SF. The property has a very efficient stacked layout for reduced construction costs. In addition, there is alley access in the back. Notably, the absence of extremely low-income units supports higher scheduled rents, with projected one-bedroom rents of approximately $2,200 at 80% AMI. The property offers strong access to major corridors, freeways, the Metro E Line, and nearby amenities. Overall, this is a rare opportunity to develop an RTI 32-unit affordable project with an efficient one-bedroom unit mix, favorable income targeting that supports stronger rents, and a cost-effective Type V-A design in a solid Boyle Heights location.

3548 Sabina Street | MLS# 26670061

This land located at 3548 Sabina Street, Los Angeles, CA 90023 is currently listed for sale with an asking price of $1,225,000. The property has approximately 0.21 Acres. Search Los Angeles real estate on irinat.farrellsmyth.com today.

Property Features

Property Type: Land - Lot/Land
Lot Size: 0.21 Acres

Feature Descriptions

Days on Site: 16
Parcel#: 5188006012

Listed By / Shown By

Listed By

Agency Name: Marcus & Millichap
Agency Phone: 818-212-2700
Agent Name: Jason Tuvia

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Shown By

Agent Name: Irina Teilore
Agent Phone: (805) 439-2547 ext. 24
Agency Title: Farrell Smyth, Inc.

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Estimated Payment

$ 3,083.61 per month $2,726.32 Principal & Interest $0.00 Property Tax (data not provided by mls) $357.29 Homeowner's Insurance

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