Brand-New 21-Unit Affordable Housing Investment. Exceptional opportunity to acquire a newly constructed 21-unit affordable housing community in the rapidly growing South Los Angeles market. Situated in an undersupplied affordable housing market with strong occupancy fundamentals and long-term demand, the property offers both stable cash flow and appreciation potential. The property is expected to receive its Certificate of Occupancy prior to closing, allowing investors to acquire a stabilized, income-producing asset. Additionally, there is the potential to develop up to eight accessory dwelling units (ADUs) (buyer to investigate), providing a compelling value-add opportunity for future ownership. The financial information presented is based on pro forma projections and is provided for illustrative purposes only. Actual operating results may vary. Prospective buyers are encouraged to conduct their own independent investigation and verify all financial information.
Listing courtesy of Listing Agent: Daniel Withers (daniel.withers@matthews.com) from Listing Office: Matthews Real Estate Investment Services.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.