20 One-Bedroom Unit Apartment Building - 100% Affordable

1516 W 12th Pl, Los Angeles, CA 90015

Property Information

  • For Sale $4,900,000
  • Property Type Other
  • Lot Size 6,249 SF
  • Year Built 2026
  • Date Updated Jul 1, 2026

Description

SELLER FINANCING AVAILABLE – CONTACT AGENT FOR MORE INFORMATION

This exceptional opportunity features a 20-unit affordable housing building, newly constructed and located in South Los Angeles. Scheduled for completion in July 2026, the property offers investors the rare ability to acquire a turnkey affordable housing asset with modern construction, efficient layouts, and long-term stabilized income potential.

The property is a newly developed three-story building with elevator service, designed to meet modern affordable housing standards while minimizing operational complexity. All units feature one-bedroom / one-bathroom layouts with central air conditioning, appealing to strong tenant demand within the Los Angeles rental market.

Residents will benefit from thoughtfully designed amenities, including rooftop deck and dedicated bicycle storage room, enhancing livability while maintaining an efficient, transit-oriented design with no on-site parking requirements.

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.

Contacts

Location

Located at 1516 W 12th Pl, Los Angeles, CA 90015, this property is part of the Pico - Union neighborhood and Los Angeles market.

Contact Listing Broker
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