Jordan Petito

$3,495,000

0.37 Acres

Reseda, California, 91335

We are excited to offer a premier opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, set on a spacious 16,010 SF lot in the highly sought-after and rapidly evolving Reseda neighborhood. This prime site is perfectly situated for accessibility, just moments away from key local destinations like the Van Nuys Airport and Warner Center, providing seamless access to transportation, shopping, and major employment centers. Designed for both efficiency and cost-effectiveness, this 4-story, stacked on-grade development features a thoughtfully planned unit mix, including 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. Set in a primarily residential area, the site offers excellent street parking availability, as well as a walkable environment with essential services and public transit just a short stroll away. The project benefits from eligibility for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs, both of which are standard for 100% affordable housing developments in Los Angeles. With the potential to attract Section 8 voucher tenants, rental income could increase by as much as 20% per unit, providing significant financial upside. A standout feature of this development is its zero parking requirement, resulting in substantial cost savings and a streamlined, transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a perfect location for residents who prioritize ease of access to transit and daily amenities. This is an exceptional opportunity for investors looking to capitalize on one of Los Angeles' most promising affordable housing projects.

$3,250,000

3.36 Acres

Vista, California, 92084

We are proud to exclusively present the Vista California Development located at 1351 S Santa Fe Avenue, Vista, California. This 3.36-acre (146,361 SF) corner parcel, zoned R-M (Medium Density Residential), is prominently situated along the South Santa Fe Avenue Corridor an area undergoing significant transformation under the City of Vista's South Santa Fe Corridor Specific Plan. The property features topography, 290 feet of frontage, and full utility access, creating an ideal foundation for a streamlined and high-quality residential development opportunity. Positioned within a rapidly growing North San Diego County submarket with a population exceeding 100,000 residents, the site sits directly across from a newly completed townhome community and is surrounded by housing, schools, and local retail amenities. Vista continues to experience strong demographic growth, supported by a median household income of approximately $78,800 within one mile, reflecting robust local demand for attainable and modern housing options. The property's R-M zoning offers flexibility for small-lot, townhome, or condominium projects, allowing builders to capture both for-sale and for-rent housing demand. With utilities to the street, no replacement housing requirements, and inclusion in an active redevelopment corridor, the site provides a clear entitlement path and favorable economics for a range of residential configurations. Its strategic proximity to major employment and educational hubs, Kaiser Permanente Vista, Tri-City Medical Center, and California State University San Marcos further strengthens the project's long-term viability and absorption potential. Located minutes from North County Square, Vista Village Center, and LEGOLAND California, the property also enjoys excellent regional connectivity via Highway 78, Interstate 5, and Interstate 15. With its combination of scale, zoning, infrastructure readiness, and prime corner positioning within one of North County's most active residential corridors, 1351 S Santa Fe Avenue represents a premier infill development opportunity offering both immediate feasibility and strong long-term appreciation potential.

$2,750,000

0.56 Acres

Reseda, California, 91335

We are proud to exclusively represent a premier development opportunity at 7131 Baird Avenue, centrally located in Reseda. This 24,529 SF vacant lot, zoned [Q]R2-2D-CDO and designated under the Community Commercial General Plan, presents an exceptional opportunity for a small lot subdivision or condominium project featuring potential Accessory Dwelling Units (ADUs). The site is eligible for state housing incentives under SB 684 and SB 1123. SB 684 facilitates ministerial lot splits allowing up to 10 housing units per lot, streamlining the entitlement process, and exempting projects from CEQA review and discretionary approvals. Similarly, SB 1123 supports streamlined processes for condominium projects, encouraging the addition of ADUs by simplifying zoning compliance and reducing procedural timelines. Additionally, 7131 Baird Avenue is situated within a Transit Oriented Communities (TOC) Tier 1 zone, offering incentives such as increased floor area, bonus density, and reduced parking requirements due to its proximity to transit. With favorable zoning, streamlined entitlement processes, and strategic location near transportation and commercial corridors, this property represents an outstanding infill development opportunity in one of Los Angeles' actively supported growth areas.

$1,995,000

0.34 Acres

Los Angeles, California, 90023

We are proud to exclusively present 4153 Whittier Blvd, Los Angeles, California rare shovel-ready multifamily development opportunity in a strong infill East Los Angeles location. The property consists of an approximately 15,000 SF lot (0.344 acres) and is approved for a 51-unit, 3-story apartment development totaling approximately 29,130 gross building square feet. With the existing improvements already demolished and substantial predevelopment work completed, the site offers a meaningful advantage for a developer seeking to move efficiently into the next phase of construction. The approved project is situated on approximately 0.3444 net acres and includes a unit mix of 4 studios, 42 one-bedroom units, and 5 two-bedroom units within a 3-story building. The plans provide for 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI, while the balance of the project consists of 34 market-rate apartments. The approval also includes a density bonus structure that supports the 51-unit design, along with a waiver for a reduced front yard setback. Additional project highlights include no parking, 26 long-term bicycle spaces, 6 short-term bicycle spaces, a proposed height of approximately 41 feet, and County clearances from Public Health, Fire, and Public Works Land Development. This is an excellent opportunity for a developer to acquire a site where demolition has already been completed and substantial entitlement and permit work has already been secured, significantly reducing lead time and entitlement risk. Positioned just 0.03 miles from public transportation, 4153 Whittier Blvd offers the attributes today's urban multifamily developers seek: scale, transit accessibility, completed demolition, and meaningful entitlement progress. With site work already advanced and core development parameters established, this is an opportunity to acquire a Los Angeles infill project with reduced lead time, lower entitlement risk, and a clear path toward construction.