Price: $6,125,000
New Construction - 2026 | 26-Units | 100% Affordable
Building Area: ±12,720 SF | Lot Size: ±7,872 SF
ADDRESS
10501 Wilmington Avenue
Los Angeles, CA 90002
An opportunity to acquire a brand-new 2026 construction, 100% affordable housing apartment community located at 10501 S Wilmington Avenue. This modern three-story multifamily asset consists of 26 thoughtfully designed residential units featuring a highly efficient stacked design and fully sprinklered Type VA construction.
The property includes 24 one-bedroom units and 2 single units, and is situated within a Transit Oriented Communities (TOC) Tier 3 designation, offering strong long-term demand fundamentals in a dense infill Los Angeles location. Currently, eight units have already been leased, demonstrating immediate rental demand and occupancy traction.
This building is also a short walk to the soon-to-be expanded “Watts Towers Arts Center” campus. 30,000 additional square feet of new park space will be added for the community.
Built as a 100% privately funded affordable housing project, the property offers investors the opportunity to acquire a newly constructed, low-maintenance asset with modern improvements and strong operational appeal. The building features elevator service, short-term and long-term bicycle parking, and contemporary design elements tailored for today’s urban workforce housing demand.
PROPERTY INFORMATION
Brand-new 2026 construction
26-unit affordable housing apartment building
24 one-bedroom units and 2 single units
Central AC/Heat – Split System
Fully sprinklered Type VA construction
Modern stacked design
Eight units already leased
TOC Tier 3 designation
A short walk to the “Watts Towers Arts Center” campus, with the community park to be expanded by 30,000 square feet
Elevator serviced building
Lot Size: ±7,872 SF
Building Size: ±12,720 SF
APN: 6065-030-040
Zoning: LAC2
28 bicycle parking spaces
Excellent access to public transportation, employment centers, and major Los Angeles corridors