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2026 Built l $245/Unit l Los Angeles 7415 S Main St 17 Unit Apartment Building $4,165,000 ($245,000/Unit) Los Angeles, CA 90003

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Investment Highlights

  • Newly constructed multifamily property delivering in 2026 with modern building systems and reduced capital expenditure requirements.
  • 100% affordable housing designation with strong compliance positioning and long-term occupancy stability.
  • Bicycle storage for 17 spaces, supporting sustainable transportation options for residents.
  • 17 one-bedroom units designed for efficiency and livability, all within a three-story elevator-served building.
  • Located near major transportation corridors, including I-110 and I-10, providing quick access to Downtown Los Angeles and USC.
  • Positioned in a high-demand rental market with strong public policy initiatives supporting affordable housing.

Executive Summary

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

Property Facts

Price $4,165,000
Price Per Unit $245,000
Sale Type Investment
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.15 AC
Construction Status Under Construction
Building Size 11,502 SF
Average Occupancy 0%
No. Stories 3
Year Built 2026
Zoning LAC2-1VL-CPIO

Amenities

Site Amenities

  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 17 - 340 - 492
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39548862

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 7415 S Main St, Los Angeles, CA 90003

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