We are pleased to present a unique affordable housing development opportunity at 4303-4313 W Pico Blvd in Mid City. Plans call for 152 income-restricted housing units with an ideal unit mix of 81 singles and 71 one-bedrooms with no parking required. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease-up options and flexibility at completion. The six-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 7,747 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $36,184 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
Property Details
Price:
$5,500,000
MLS #:
25491423
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
hancockparkwilshire
Listed Date:
Jan 20, 2025
Lot Size:
16,553 sqft / 0.38 acres (approx)
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Community
- Address4303 W Pico Blvd Los Angeles CA
- NeighborhoodHancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
Subdivisions in Los Angeles
- 10Blackburn
- Adams-Normandie
- Avalon Gardens
- Beau Monde
- Bel Air Park
- Beverly Glen
- Bronson Homes
- Bruce Court
- Corning Court
- First Neighborhood/Customs
- Gramercy Park
- Harvard Heights
- LaBrea Vista
- Legendary Place
- Metropolis 1
- Mid-City Heights
- Montecito Heights
- Mountain Gate
- Mountaingate
- MountainGate Country Club / The Ridge
- Mt. Angelus
- Nelavida
- Outpost Estates
- Picfair Village
- Primrose Estates
- Rampart Heights
- Sunset 7
- Tapestry
- The fuller Four
- The Hollywood Colony 2
- The Marbella
- TR 7615
- TRACT #8330 LOT 59
- Vero
- Westwood Village
- Willow Glen Estates/Hollywood Hills
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Courtesy of Neema Ahadian at Marcus & Millichap. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Jul-15-2025 3:57:37 pm.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Jul-15-2025 3:57:37 pm.
4303 W Pico Blvd
Los Angeles, CA
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