Price: $3,990,000 | New Construction - 2026 | 17-Units | 100% Affordable
Building Area: ±11,502 SF | Lot Size: ±6,360 SF
ADDRESS
7415 Main Street
Los Angeles, CA 90003
17 ONE-BEDROOM UNIT APARTMENT BUILDING
100% AFFORDABLE HOUSING
7415 S Main Street presents a rare opportunity to acquire a newly constructed, 100% affordable multifamily asset located in the heart of Los Angeles. Scheduled to receive its Certificate of Occupancy by April 2026, the property offers investors a turnkey affordable housing investment in a high-demand rental submarket with long-term housing fundamentals supported by strong public policy initiatives.
The property consists of a three-story elevator-served building comprising 17 well-designed one-bedroom units, thoughtfully developed to maximize efficiency, livability, and long-term operational performance. Built in 2026, the project benefits from modern construction standards, new building systems, and reduced near-term capital expenditure requirements.
Situated on a 6,360 square foot LAC2-zoned lot, the building contains approximately 11,502 square feet of improvements and was developed specifically to address the growing need for quality affordable housing in Los Angeles. The asset is ideally suited for affordable housing operators, nonprofit organizations, and impact-focused investors seeking stable income supported by regulated rent structures and strong tenant demand.
Located along South Main Street with convenient access to major transportation corridors, employment centers, and community amenities, the property offers residents proximity to public transit, retail services, schools, and neighborhood resources, enhancing long-term occupancy stability.
7415 S Main Street represents an exceptional opportunity to acquire a new construction affordable housing community with modern amenities, strong compliance positioning, and long-term investment security in one of the nation’s most supply-constrained housing markets.
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.
PROPERTY INFORMATION
New construction – 2026
Estimated completion date - March 31, 2026
3-story building with elevator
17 units - low income
100% affordable
All one-bedroom and one-bathroom
Bicycle storage room for 17 spaces
Lot size: 6,360 square feet
Building size: 11,502 square feet