17 Units / New Construction - 2026 / 100% Affordable - Los Angeles, CA

9116 S. Vermont Avenue presents a rare opportunity to acquire a newly constructed 2026 multifamily asset in the heart of Los Angeles. This modern three-story, 17-unit apartment community has been thoughtfully designed as a 100% affordable housing project, catering to the growing demand for quality workforce housing in a high-density urban corridor.

The property consists of seventeen one-bedroom apartment units, designed to maximize livability and long-term tenant demand. Residents will enjoy contemporary amenities including elevator access and a rooftop deck offering additional outdoor space and city views.

Situated on a 5,209 square foot LAC2-zoned lot, the building contains approximately 11,502 square feet of gross building area. The project was developed under TOC Tier 2 incentives, enhancing density and development efficiency in this transit-oriented location. The property includes 17 bicycle parking spaces, with no on-site vehicle parking, consistent with modern urban planning and transit-focused development standards.

Estimated certificate of occupancy is anticipated in the second quarter of 2026, allowing investors to capitalize on a newly delivered, low maintenance asset positioned for immediate lease-up and long-term stable income.

Located along the Central Avenue corridor, the property benefits from convenient access to public transportation, employment centers, schools, shopping, and major Los Angeles thoroughfares, making it an attractive housing option for residents and a compelling investment opportunity.

THIS IS NOT A PUBLIC HOUSING FACILITY OWNED AND OPERATED BY, FOR OR ON BEHALF OF A PUBLIC ENTITY, AND NO TAX CREDIT RECEIVED FROM STATE OR FEDERAL.
NOT A TCAC FACILITY, AND NOT A SOCIAL SERVICE CENTER. 100% PRIVATELY FUNDED.