Los Angeles, CA90047
| 61326 sqft | MLS# 25589649
Tract:
For Sale $26,500,000
Description
This brand-new, recently completed mid-rise development offers the advantages of modern design, turnkey condition, and minimal maintenance requirements, allowing investors to operate seamlessly from day one. In a market where building has become increasingly difficult due to red tape, costly delays, legal hurdles, and the added pressures of Measure ULA, opportunities to acquire a large-scale, newly constructed apartment community are exceptionally rare. This property stands out as a unique chance to secure a turnkey investment in Los Angeles.Designed with residents in mind, the building features desirable amenities such as gated entry, laundry facilities, and ample covered parking a highly sought-after advantage in the city. Situated in an emerging neighborhood undergoing revitalization and economic growth, the property is well-positioned to attract long-term tenants while benefiting from the area's positive momentum. With rising rental demand fueled by limited affordability of homeownership, this investment offers both strong income potential and long-term appreciation.
Facts
| Built in 2025 | Lot Size: 22730.00 sqft | HOA Dues: $0/month
Features
Listing provided by Saadia 'Sam' Liberow, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of September 9, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.