$1,720,000

4159 S Central Ave Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated payment $9,476/month

Total Views 864
0.17 Acre
$9,856,734 Price per Acre
7,600 Sq Ft Lot

About This Lot

An exceptional development opportunity in a prime South Los Angeles location. This fully approved site is entitled for 46 units of 100% affordable housing, offering a valuable asset for developers focused on socially impactful and income-generating projects. Key Highlights: Entitlements Approved: Plans fully approved for 46 units45 one-bedroom units and 1 single/studio unit. Affordable Housing: All units designated as affordable, aligning with city and state incentives. No Underground Parking Required: Simplifies construction and reduces development costs. Transit-Oriented Location: Convenient access to bus lines and daily necessities, enhancing tenant accessibility and appeal. Alley Access: Rear alley facilitates easier construction logistics and future service access. Vacant Building: No current tenants; no relocation required under the Ellis Act. Projected Gross Income: Approximately $1.1 million/year upon stabilization (subject to rent levels and management).This site is ideal for developers looking to execute a high-impact, lower-barrier affordable housing project in a high-demand area of Los Angeles. The clean entitlement status and absence of relocation obligations make this a turn-key development opportunity. The listing broker/agent is part owner.

Listing Agent

Mojgan Yamini

Landmark One Realty License #01357662 Listed on: 06/13/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,247

Lot Details

  • 7,600 Sq Ft Lot
  • Property is zoned LAC2

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 5115-022-003

Property Details

Property Type

Land

Est. Annual Taxes

$1,247

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1745
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5115-022-003
  • Lot Size Area: 7600

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,247 $623,322 $438,600 $184,722
2024 $1,247 $35,742 $23,757 $11,985
2023 $1,236 $35,042 $23,292 $11,750
2022 $1,200 $34,356 $22,836 $11,520
2021 $1,156 $33,684 $22,389 $11,295
2019 $2,704 $32,687 $21,726 $10,961
2018 $2,605 $32,047 $21,300 $10,747
2016 $2,463 $30,805 $20,474 $10,331
2015 $933 $30,343 $20,167 $10,176
2014 $953 $29,749 $19,772 $9,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $1,720,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $611,500 Stewart Title Of California
Grant Deed -- Stewart Title Of California In
Source: Public Records

Source: The MLS

MLS Number: 25552287

The MLS

APN: 5115-022-003

California Los Angeles County Los Angeles 90011 Historic South Central

4159 S Central Ave, Los Angeles, CA

This home is located at 4159 S Central Ave, Los Angeles, CA 90011 and is currently priced at $1,720,000. 4159 S Central Ave is a home located in Los Angeles County with nearby schools including Wadsworth Avenue Elementary School, Thomas Jefferson Senior High School, and Nava College Preparatory Academy.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Mojgan Yamini
Listing Agent
Mojgan Yamini
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Landmark One Realty
(310) 877-1237