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MOTIVATED TO SELL | CONTACT AGENT 9116 S Vermont Ave 17 Unit Apartment Building For Sale Los Angeles, CA 90044
Investment Highlights
- New multifamily community delivering 17 units under affordable housing guidelines with private funding.
- Rooftop deck offering additional outdoor space and appealing urban views.
- Modern construction estimated to complete Q2 of 2026, designed for long-term durability and efficient management.
- Three-story elevator-serviced building with all one-bedroom floorplans.
- Located in a Transit-Oriented Community (Tier 2) with convenient access to Vermont Station and major freeways.
- Positioned near employment centers, educational institutions, and essential retail amenities along the Central Avenue corridor.
Executive Summary
9116 S. Vermont Avenue offers an opportunity to acquire a newly constructed 17-unit multifamily property in the urban core of Los Angeles. Scheduled for completion in Q2 2026, this contemporary building delivers a 100% affordable housing program, developed under TOC Tier 2 incentives to meet transit-oriented, high-density housing needs. The property is fully private, not a tax credit facility nor a public housing asset, ensuring flexibility for investors and affordable housing operators alike. Comprising seventeen one-bedroom units, the building features highly functional layouts and modern finishes. An elevator-served structure, it also offers a rooftop deck with expansive city views, bicycle storage for 17 bikes, and energy-efficient design elements that minimize operating costs. Located on a 5,209 SF lot within the LAC2 zoning designation, the ±11,502 SF building aligns with sustainable urban development standards. The in-fill location enhances accessibility, situated near major thoroughfares including I-110 and I-105, and within minutes of Vermont Station. Employment centers, educational institutions such as USC, and retail corridors are within close proximity. This asset provides strong income potential through long-term affordable housing demand while benefiting from a low-maintenance new-build profile, making it attractive for mission-driven investors and organizations seeking reliable returns within Los Angeles’ affordable rental housing sector.
Property Facts
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 17 | Construction Status | Under Construction |
| Property Type | Multifamily | Building Size | 11,502 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 2026 |
| Zoning | LAC2 - Commercial, Community | ||
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Construction Status | Under Construction |
| Building Size | 11,502 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | LAC2 - Commercial, Community |
Amenities
Site Amenities
- Roof Terrace
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6039-001-021 | Improvements Assessment | $0 |
| Land Assessment | $1,122,000 | Total Assessment | $1,122,000 |
Property Taxes
Parcel Number
6039-001-021
Land Assessment
$1,122,000
Improvements Assessment
$0
Total Assessment
$1,122,000
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MOTIVATED TO SELL | CONTACT AGENT | 9116 S Vermont Ave
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