Located at 105 W 116th Place, this prime development opportunity offers a vacant, commercially zoned manufacturing lot, fully entitled and permit-ready for a 19-unit Permanent Supportive Housing (PSH) residential project. The site is ideally positioned for developers looking to address the growing demand for affordable and supportive housing in Los Angeles. The property allows for up to four levels of residential development and comes with approved plans, enabling swift acquisition of permits and the immediate start of construction. Situated on a non-signalized corner adjacent to the 105 Freeway, the lot benefits from excellent accessibility and visibility. The surrounding neighborhood is undergoing rapid transformation, with a newly built multifamily development directly across the street and additional housing developments blocks away, further enhancing the area's appeal. Currently, the site features a thriving automotive body shop, offering a functional use while finalizing development plans. However, the value lies in the land’s development potential and entitlement status, making it an attractive investment for developers seeking shovel-ready projects. The property is offered at a competitive price that includes the approved plans, making this an exceptional opportunity to contribute to the city's PSH efforts while leveraging a straightforward and expedited development process.