1422 E Imperial Highway, Los Angeles, CA

Name: 1422 E Imperial Highway, For Sale in Los Angeles - eXp Realty
Brand: Keller Williams Beverly Hills
SKU: 26667031
Price: 2325000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,325,000

000

MLS® 26667031

Key Facts
Description
Map

Key Facts

Type Other

Levels Land

Size -

Garage No

Taxes

Days Active 0

Lot Size 0.5381 acres

Approx. Age

MLS® Number 26667031

Property Address: 1422 E Imperial Highway, Los Angeles, CA, 90059

Average square foot calculated using Size range provided by listing agent.

Description

1422 E Imperial Hwy is located just off of the 105 Freeway between SCentral Ave & Compton AveRemarks : This is an affordable housing development opportunity at 1422 E Imperial Hwy, located just off of the 105 Freeway between S Central Ave & Compton Ave. The 23, 435 SF lot will be delivered fully entitled for120 income-restricted housing units and 1 manager unit, with no parking required. The project's central infill location and proximity to major employment hubs suchas Rancho Dominguez, Compton, South Gate, and South Los Angeles support multiple lease-up strategies including filling units through PATH, LAHSA orSection 8. Plans call for an efficient four-story project, utilizing Type V-A construction fora stacked design reducing construction costs for the developer. The lot will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 67, 112 SF and has a desirable unit mix of eight singles (290SF), 108 one-bedrooms (430-460 SF), and five two-bedroom (505-615 SF). The project is offered at a low $38, 958 price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the project opens avenues of mission driven financing throughCDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles, just south of NickersonGardens and less than a mile from the Martin Luther King Jr Community Hospital.The access to the 105 Freeway allows for a convenient commute throughout LosAngeles, the South Bay, and throughout the Mid-Counties. Report A Violation

MLS® Number26667031

Laundry Level

Central VacNo

FireplaceNo

Acreage0.5381

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 19, 2026List Date

$2,325,000List Price

Commute

Commute

Starting Address

Destination Address

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