Property Detail

Description

Introducing a newly constructed 2026-built 36-unit affordable housing investment opportunity totaling 14,457 square feet in the heart of the Historic Central submarket of Los Angeles. The Certificate of Occupancy has been issued, offering immediate operational readiness for investors. This five-story secured building features 31 spacious one-bedroom, one-bath units and 5 studio units — each offering a private balcony to enhance tenant appeal and long-term retention. Every unit is equipped with a stove, refrigerator, and microwave, providing modern convenience and added rental value. Designed with efficiency and durability in mind, the property includes elevator access to all floors, a secured entry system, community laundry facilities, and open common areas including a rear yard. The modern construction minimizes maintenance expenses while maximizing operational efficiency, making it ideal for investors seeking stable income and long-term appreciation. Strategically positioned just south of Downtown Los Angeles and north of USC, this highly walkable and bike-friendly neighborhood provides immediate access to public transportation, San Pedro Avenue, and the Vernon corridor. The area continues to experience strong rental demand driven by proximity to employment hubs and urban conveniences. This asset presents a compelling opportunity for positive cash flow, annual rental growth, potential new construction tax advantages, reduced maintenance exposure, and a 1-year fit and finish builder’s warranty. A rare chance to secure a trophy property in one of Los Angeles’ most dynamic and supply-constrained rental markets. For additional information and to arrange a private tour, please contact the listing agent directly.