4186 S Western Ave
118 Units | Priced Below Replacement Cost | Located In a QOZ
Marketing description
• Institutional-Scale New Construction Opportunity – Seven-story multifamily development consisting of 118 apartment units, offering investors the opportunity to acquire a newly constructed asset of meaningful scale in one of Los Angeles' most supply-constrained housing markets.
• Vacant Delivery at Close of Escrow – The property will be delivered vacant, allowing new ownership to implement its own leasing strategy, establish market rents, and optimize operations from day one.
• Opportunity Zone Tax Benefit Potential – Located within a designated Opportunity Zone and potentially delivered prior to Certificate of Occupancy issuance, creating the opportunity for qualified investors to pursue Qualified Opportunity Zone (QOZ) tax advantages.
• Efficient Unit Mix Designed for Strong Rental Demand – Featuring 6 singles, 110 one-bedroom units, and 2 three-bedroom units, the property is designed to appeal to the area's large renter population and support strong lease-up velocity.
• Modern Construction with Minimal Near-Term Capital Needs – Expected to be completed by the end of Q2 2026, the newly built asset offers contemporary construction standards, modern systems, and reduced maintenance requirements.
• Ideal for Workforce, Affordable, or Supportive Housing Operators – Vacant delivery provides mission-driven housing providers the ability to populate the building with their target resident base without tenant displacement concerns.
• Resident-Focused Amenities and Common Areas – The property includes controlled-access entry, on-site laundry facilities, bicycle storage, thoughtfully designed common areas, and an expansive rooftop deck.
• Excellent Transit Access and Regional Connectivity – Located along the highly trafficked Western Avenue corridor with multiple Metro bus lines nearby and convenient access to the 110 Freeway, connecting residents to Downtown Los Angeles, USC, Inglewood, and surrounding employment centers.
• Surrounded by Established Retail and Community Amenities – Residents benefit from proximity to schools, neighborhood-serving retail, and major commercial corridors including Vernon Avenue, Slauson Avenue, and Crenshaw Boulevard.
• Rare Large-Scale Asset in a Supply-Constrained Market – At 118 units, the property represents a unique opportunity to acquire a newly constructed multifamily community where large-scale development opportunities remain limited.
Investment highlights
The Ben Lee Group is pleased to present a new construction multifamily investment opportunity at 4186 S Western Ave in South Los Angeles, positioned along the highly trafficked Western Avenue corridor between W Martin Luther King Jr Blvd and W Vernon Ave.
With construction expected to be completed by the end of Q2 2026, the seven-story building will consist of 118 apartment units featuring an efficient unit mix of 6 singles, 110 one-bedroom units, and 2 three-bedroom units designed to appeal to the area’s strong renter base. At 118 units, the property represents institutional-quality scale, offering investors the opportunity to acquire a newly constructed asset of meaningful size in a supply-constrained Los Angeles housing market.
The property will be delivered vacant at the close of escrow, providing investors complete operational control and the ability to implement their own lease-up strategy from day one. Vacant delivery also creates a compelling opportunity for mission-driven housing operators to populate the building with the demographic groups they serve, including workforce, affordable, or supportive housing residents, without the need for tenant displacement.
Located within a designated Opportunity Zone, the property may be delivered prior to issuance of the Certificate of Occupancy, creating the potential for qualified investors to structure the investment to meet Qualified Opportunity Zone (QOZ) requirements and realize associated tax benefits.
The property features controlled-access entry, modern building systems, and thoughtfully designed common areas, along with on-site laundry facilities, bicycle storage, and an expansive roof deck, providing residents with a functional and comfortable living environment.
Strategically located along Western Avenue, one of South Los Angeles’ primary north–south corridors, the property benefits from excellent public transportation access with multiple Metro bus lines servicing the immediate area. The asset is also located just minutes from the 110 Freeway, providing convenient connectivity to major employment centers including Downtown Los Angeles, USC, Inglewood, and greater South Los Angeles. Residents also benefit from proximity to local schools, neighborhood retail, and everyday amenities, along with convenient access to major commercial corridors including Vernon Avenue, Slauson Avenue, and Crenshaw Boulevard.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
