Los Angeles, CA90011
| 14457 sqft | MLS# MB26042081
Tract:
For Sale $8,990,000
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.
Facts
| Built in 2026 | Lot Size: 7021.00 sqft | HOA Dues: $0/month
Features
Listing provided by XIO SANDOVAL, CENTURY 21 REALTY MASTERS
Based on information from California Regional Multiple Listing Service, Inc. as of February 26, 2026. 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.