Partners CRE is proud to present for sale a ready to issue (RTI) 40 unit, 100% affordable housing development on a 7,286 SF lot at 11151 S Broadway in Los Angeles. Designed to offer efficient, affordable housing, this project provides significant value to developers seeking a cost effective development opportunity in the Los Angeles market. The proposed development features a 16,479 SF, four story, Type V A construction with a compact, stacked design that maximizes space. With zero parking spaces, the design focuses on efficient, affordable living. All 40 units are thoughtfully composed of 9 studios, 30 one bedroom, and 1 two bedroom apartments. Affordable Housing Designation:* 2 Very Low Income Unit* 31 Low Income Units* 6 Moderate Income Units* 1 Market Rate Manager's UnitRent levels for very low and moderate income units adhere to HCD Schedule VI, while rents for low income units follow HUD Schedule I. The property's location may attract Section 8 voucher tenants, offering potential for increased income by approximately 20% per unit. Delivered vacant at COE, this property offers an exceptional opportunity for developers to enter the affordable housing market with a fully RTI project.