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$4,500,000
Est. payment /mo
46,976 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 46,976 sqft
Price per Sqft $95
MLS Listing ID CL24435087
HOA Y/N No
Year Built 1999
Lot Size 0.671 Acres
Acres 0.67
Property Sub-Type Other
Property Description
We are proud to present, for the first time since its construction in 1999, the sale of the Figueroa Oaks! This 32 unit affordable housing investment opportunity was built under the Low Income Housing Tax Credit program providing much needed housing to qualifying tenants. Comprised of extremely open and functional floor plans, the unit mix consists of huge Two, Three and Four bedroom units. The property sits on over 46,000 Sq Ft of land and offers several common area amenities including a playground area, recreation meeting room, laundry room and BBQ area. Tenants are also offered assigned parking in the building's gated lot 51 parking spaces total. The property may qualify for Low Income Housing Tax Credits (LIHTC) from the California Tax Credit Allocation Committee (CTCAC). Buyer to verify and investigate tax credit opportunities and regulatory agreement restrictions.
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 6054035033
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Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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