7415 S Main St - Apartments FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$4,165,000 USD
818-325-4142
7415 S Main St, Los Angeles, CA for Sale
$4,165,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

7415 S Main St
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$4,165,000 USD

PRICE/SF

$362 USD /SF

# OF UNITS

17

PRICE/UNIT

$245,000

CAP RATE

Request Cap Rate

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Built in 2026 * 17 Units * $245K/Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

LAC2-1VL-CPIO

APN/PARCEL ID

6031-007-024

ASK ABOUT THIS PROPERTY

Reza GhobadiColliersMore Info
818-325-4142

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Reza GhobadiColliersMore Info
818-325-4142

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.