Features & Amenities

Interior

  • Total Bedrooms

    88

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Gated

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.5218

  • Property Type

    Residential Income

Price

  • Sales Price

    $26,500,000

  • Sq. Footage

    61, 326

  • Price/SqFt

    $432

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Senior Community YN

    NO

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Location

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Elementary School

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Listing Courtesy of Saadia 'Sam' Liberow , Marcus & Millichap

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This brand-new, recently completed mid-rise development offers the advantages of modern design, turnkey condition, and minimal maintenance requirements, allowing investors to operate seamlessly from day one. In a market where building has become increasingly difficult due to red tape, costly delays, legal hurdles, and the added pressures of Measure ULA, opportunities to acquire a large-scale, newly constructed apartment community are exceptionally rare. This property stands out as a unique chance to secure a turnkey investment in Los Angeles.Designed with residents in mind, the building features desirable amenities such as gated entry, laundry facilities, and ample covered parking a highly sought-after advantage in the city. Situated in an emerging neighborhood undergoing revitalization and economic growth, the property is well-positioned to attract long-term tenants while benefiting from the area's positive momentum. With rising rental demand fueled by limited affordability of homeownership, this investment offers both strong income potential and long-term appreciation.

6901 S Western Avenue

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