Excellent opportunity to acquire, 11151 S Broadway, a 40-unit Ready-to-Issue (RTI) 100% affordable housing (low-income) project in prime South Los Angeles. The property is situated on a 7,286 SF lot zoned C2-2D-CPIO. The zoning department has approved and stamped the plans, and all of the architectural, structural and MEP (mechanical, electrical, plumbing) plans are completed. The property will be delivered RTI. The proposed project consists of 16,479 square feet, 4 stories, and a unit mix of (9) studios, (30) 1+1 units, and (1) 2 bedroom unit.The existing improvements consist of four detached buildings with two tenants in place. The commercial buildings at 11151 S Broadway are occupied by a church tenant, which can be vacated with a 60-day notice. The 1 bedroom, 1 bath home at 310 W 111th Place is currently occupied by a tenant and either an attorney will be reaching out to them regarding a move-out, or they will file under Ellis Act. The two-story, 2 bedroom, 1 bath home is currently vacant. The Property is conveniently located on the major thoroughfare of Broadway with easy access to the 110 and 105 Freeways. The Property is located nearby amenities, community centers, local businesses, restaurants, and shops. There is a significant shortage of affordable housing units available, and the demand for this type of housing in Los Angeles is strong. 11151 S Broadway is an excellent opportunity for developers to acquire a 100% affordable housing project in a rapidly developing and supply constrained market.