3430 W Slauson AVE, Los Angeles, CA 90043
3430 W Slauson AVE, Los Angeles, CA 90043
3430 W Slauson AVE, Los Angeles, CA 90043
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,010,000
Est. payment /mo
4 Beds
3 Baths
2,353 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,353 sqft

Price per Sqft $429

MLS Listing ID 26987213

Bedrooms 4

HOA Y/N No

Year Built 1913

Lot Size 5,950 Sqft

Property Description

We are pleased to present 3430 W. Slauson Avenue, a unique housing and redevelopment opportunity in the Hyde Park neighborhood of South Los Angeles. The property is currently operated as HighWay House, an affordable boarding/transitional housing residence affiliated with HighWay Ministries, a 501(c)(3) nonprofit public benefit corporation that has operated since 2008. The offering also provides the opportunity to potentially assume ownership of the existing 501(c)(3) nonprofit housing operation.The property currently accommodates 9 residents across 7 bedrooms and 2 RVs and includes 2 full bathrooms, a community kitchen, and a ground-floor church/community space with an additional half bathroom. The two seller-owned RVs may also be included in the sale at the sellers' discretion.An experienced operator may evaluate a variety of specialized housing uses, including transitional housing, sober living/recovery housing, supportive housing, independent living, assisted living, and group housing. The existing nonprofit structure may also provide opportunities to explore government programs, supportive-housing contracts, grants, insurance reimbursement, and other public or private funding sources.Alternatively, the property offers significant redevelopment potential. The 5,951 SF site is zoned LAC2 and located within TOC Tier 4, with an estimated density of approximately 15 units by-right and approximately 27 units utilizing TOC incentives. A developer may also evaluate a 100% affordable housing development utilizing ED-1 and other applicable density incentives, potentially allowing for greater density.Buyer to independently verify all zoning, density, TOC, ED-1, nonprofit/entity, licensing, permitting, occupancy, funding, and development information.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4005004004

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sevak Keshishian Marcus & Millichap #01887505

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Newport Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

3430 W Slauson AVE

QUICK SEARCH
VIEW MORE