Map of Property

20 One-Bedroom Unit Apartment Building - 100% Affordable

For Sale

1516 W 12th Pl, Los Angeles, CA 90015

This Los Angeles property for sale is located at 1516 W 12th Pl. The current listed sale price for 20 One-Bedroom Unit Apartment Building - 100% Affordable is $4,900,000. 20 One-Bedroom Unit Apartment Building - 100% Affordable is situated on a lot that is 6,249 square feet in size.

Contacts

Reza Ghobadi

Property Details

  • Property Type Other
  • Lot Size 6,249 SF
  • Year Built 2026
  • Date Updated Jun 30, 2026

SELLER FINANCING AVAILABLE – CONTACT AGENT FOR MORE INFORMATION

This exceptional opportunity features a 20-unit affordable housing building, newly constructed and located in South Los Angeles. Scheduled for completion in July 2026, the property offers investors the rare ability to acquire a turnkey affordable housing asset with modern construction, efficient layouts, and long-term stabilized income potential.

The property 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.

THIS IS NOT A PUBLIC HOUSING FACILITY OWNED AND OPERATED BY, FOR OR ON BEHALF OF A PUBLIC ENTITY, AND NO TAX CREDIT RECEIVED FROM STATE OR FEDERAL. 
NOT A TCAC FACILITY, AND NOT A SOCIAL SERVICE CENTER. 100% PRIVATELY FUNDED.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 91/100

    Walk Score ®

  • 86/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood Pico - Union
  • Zip Code 90015
  • Market Los Angeles

Points of Interest

  • Westlake/MacArthur Park

    0.85 miles

  • Grand/LATTC

    0.88 miles

  • 7th Street/Metro Center

    0.96 miles

  • 7th Street/Metro Center Station

    1.02 miles

  • Pershing Square

    1.38 miles

  • Olive Street

    1.50 miles

  • Hill Street

    1.53 miles

  • Grand Avenue Arts/Bunker Hill

    1.55 miles

  • San Pedro Street

    1.66 miles

  • Historic Broadway

    1.73 miles

  • 76

    0.27 miles

  • Chevron

    0.58 miles

  • Arco

    0.82 miles

  • Shell

    0.83 miles

  • Electric Vehicle Charging Station

    1.79 miles

  • FLO

    6.37 miles

  • Culver City Supercharger

    7.71 miles

  • Tesla Supercharger

    8.05 miles

  • Parking electrique

    8.27 miles

  • Bond Lot

    0.26 miles

  • Employee Lot

    0.30 miles

  • West Garage

    0.38 miles

  • Venice Parking Garage

    0.53 miles

  • East Garage

    0.54 miles

  • The Metropolitan Apartments Parking Garage

    0.79 miles

  • FIGat7th

    0.80 miles

  • Metro Kiss and Ride

    0.83 miles

  • Grand Avenue Garage

    0.86 miles

  • Westin Bonaventure Hotel Parking Garage

    1.23 miles

  • Casa Bella Inn

    0.43 miles

  • Rodeway Inn Convention Center

    0.44 miles

  • Staples Centre Inn

    0.44 miles

  • Ramada Los Angeles/Downtown West

    0.46 miles

  • The Ritz-Carlton

    0.49 miles

  • JW Marriott Los Angeles L.A. Live

    0.51 miles

  • Moxy

    0.53 miles

  • AC Hotel

    0.54 miles

  • Courtyard

    0.56 miles

  • Residence Inn

    0.57 miles

  • Ross

    0.43 miles

  • Numero Uno Markets

    0.49 miles

  • L.A. Live

    0.60 miles

  • Northgate Market

    0.69 miles

  • Food 4 Less

    0.73 miles

  • Smart & Final

    0.78 miles

  • Ralphs

    0.84 miles

  • FIGat7th

    0.86 miles

  • Target

    0.86 miles

  • Macy's

    0.95 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.