10898 Olinda St - 78 Unit RTI Affordable Development 10898 Olinda St
Los Angeles, CA 91352

Discover an exceptional ground-up opportunity at 10898 Olinda Street, a 0.7-acre, fee-simple site in Los Angeles’s burgeoning Sun Valley submarket. Priced at $2,500,000, this Federal Opportunity Zone parcel is entitled for a 78-unit RTI affordable housing development, positioning investors to capture significant tax-advantaged growth while addressing critical workforce housing needs in zip code 91352. This land-development offering boasts a stabilized cap rate of 6.15% (in-place at 6.03%) and delivers a projected 4.3% cash-on-cash return. With “RTI” status ensuring readiness for...