SELLER FINANCING AVAILABLE - CONTACT AGENT 1516 W 12th Pl 20 Unit Apartment Building $4,900,000 ($245,000/Unit) Los Angeles, CA 90015

This is an exceptional opportunity featuring a 20-unit building, three-property affordable housing and newly constructed in South Los Angeles. Scheduled for completion in July 2026, the property offers investors the rare ability to acquire turnkey affordable housing assets with modern construction, efficient layouts, and long-term stabilized income potential.
The building 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.
- 2026 New Construction
- Estimated Completion: July 2026
- 100% Affordable Housing
- All One-Bedroom / One-Bathroom Units
- Three-Story Building with Elevator
- Central A/C Throughout
- Rooftop Deck Amenities
- Bicycle Storage Room
- No Parking Requirement (Efficient Design)