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$26,500,000
Est. payment /mo
61,326 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 61,326 sqft
Price per Sqft $432
MLS Listing ID CL25589649
HOA Y/N No
Year Built 2025
Lot Size 0.522 Acres
Acres 0.52
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 6016025001
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Saadia 'Sam' Liberow • Marcus & Millichap
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