- For Sale $2,095,000
- Property Type Multi-Family
- Property Size 27,409 SF
- Units 48
- Lot Size 9,863 SF
- Year Built 1926
- Date Updated Sep 22, 2026
Description
PartnersCRE is proud to present for sale a ready-to-issue (RTI) 48-
unit, 100% affordable housing development on a 9,863 SF lot in
the gentrifying neighborhood of West Adams, with the potential to
add 3+/- ADUs after completion.
The proposed development features a 27,409 SF, 5-story, Type
III-A Construction slab on grade with a primarily stacked design.
All 48 units are 1 bedroom, 1 bath with an average unit size of
approximately 475 SF, plus hallways, elevators, and stairs.
The restricted rent levels for the project are: 2 very low-income
units, 38 low-income units, 7 moderate-income units, and 1
manager’s unit. The rent for the very low and moderate-income
units can be found on HCD Schedule VI, while the rent for the lowincome units can be found on TCAC Schedule IX. Additionally, the
location of this property may attract Section 8 voucher tenants,
increasing the potential income by around 20% for each unit.
West Adams is known for its rich cultural history and vibrant
community. Nearby parks include Vineyard Recreation Center, Jim
Gilliam Recreation Center, and Baldwin Hills Recreation Center.
Zero parking spaces will allow developers to avoid the high cost of
on-grade parking. The property is conveniently located in a Metro
hub off of Exposition Blvd, providing easy transportation running
east and west from Downtown to Santa Monica. The Walk Score for
this property is 82, indicating it is “Very Walkable” with “Excellent
Transit.” The subject property is located within the Qualified
Opportunity Zone (QOZ).
Property will be delivered vacant at COE.
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Contacts
Partners CRE
Partners CRE
