Listing provided courtesy of Mojgan Yamini of Landmark One Realty. Last updated 2026-10-14 08:39:49.000000. Listing information © 2026 Sandicor.
Asking Price: $1,350,000 |
1949 Adair, Los Angeles CA 90011
Community: C42 - Downtown L.A.
This property was built in 0 and is priced at $1,350,000. Please see the additional details below.
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.




