3548 Sabina St, Los Angeles, CA
0 bd · 0 ba · 0 sqft Land listed at $1,225,000 in the Boyle Heights neighborhood.
About this home
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.
Property details
- Price
- $1,225,000
- Bedrooms
- 0
- Bathrooms
- 0
- Lot size
- 8,999 sqft
- Type
- Land
- Days on market
- 30
- Est. property tax
- $9,188/yr · $766/mo · 0.75% CA avg
- Last sold
- $690,000 · Jun 2022
Estimated monthly payment
Can I afford this?
See what fits your income
Location
This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.
Home Intelligence
Neighborhood (zip 90023)
This neighborhood skews young (median age 31.7) and is primarily renter-occupied (26% owner-occupied). 8% hold a bachelor's degree; median household income is $52,918.
- Median income
- $52,918
- Median age
- 31.7
- Owner-occupied
- 26.3%
- Bachelor's degree
- 7.7%
- Census median home value
- $586,500
Source: US Census Bureau American Community Survey 5-year estimates.
Similar homes in Los Angeles
$1,799,000
1781 S Garth Ave
3 bd · 2 ba · 1,413 sqft
$2,399,000
5513 Tuxedo Ter
3 bd · 3 ba · 2,300 sqft
$1,599,000
6190 Temple Hill Dr
2 bd · 2 ba · 1,330 sqft
$2,995,000
6401 Tahoe Dr
4 bd · 3 ba · 3,344 sqft
$1,599,000
1707 Malcolm Ave Ph 400
3 bd · 3 ba · 2,240 sqft
$5,495,000
3700 Lowry Rd
4 bd · 5 ba · 4,991 sqft
$1,300,000
2930 Rowena Ave Unit 2
3 bd · 4 ba · 1,898 sqft
$3,950,000
586 Lorna Ln
3 bd · 3 ba · 2,124 sqft
Browse 8+ nearby homes on the map
See 8 more Los Angeles homes on the map
Open map →