For Sale Commercial MLS# 26997937

1949 Adair Street

Los Angeles, CA 90011

$1,350,000

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About 1949 Adair Street

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.

Property details

Property

Type
commercial
Lot
0.1652 ac
List date
Oct 7, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
Historic South Central
Neighborhood
Historic South Central

Location

Neighborhood
Historic South Central
School district
Los Angeles Unified School District

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Listed by Mojgan Yamini, Landmark One Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.