10501 Wilmington Avenue, Los Angeles, CA 90002 For Sale

An opportunity to acquire a brand-new 2026 construction, 100% affordable housing apartment community located at 10501 S Wilmington Avenue. This modern three-story multifamily asset consists of 26 thoughtfully designed residential units featuring a highly efficient stacked design and fully sprinklered Type VA construction.

The property includes 24 one-bedroom units and 2 single units, and is situated within a Transit Oriented Communities (TOC) Tier 3 designation, offering strong long-term demand fundamentals in a dense infill Los Angeles location. Currently, eight units have already been leased, demonstrating immediate rental demand and occupancy traction.

This building is also a short walk to the soon-to-be expanded "Watts Towers Arts Center" campus. 30,000 additional square feet of new park space will be added for the community.

Built as a 100% privately funded affordable housing project, the property offers investors the opportunity to acquire a newly constructed, low-maintenance asset with modern improvements and strong operational appeal. The building features elevator service, short-term and long-term bicycle parking, and contemporary design elements tailored for today's urban workforce housing demand.