Newly Constructed Multifamily Investment
For Sale
Contact for pricing
3217 S Central Ave, Los Angeles, CA 90011
35-unit apartment building in Los Angeles, completion scheduled for April 2026.
Property Size16,704 SF
Price / SF$494.49
Days on Market170
Property Features for 3217 S Central Ave
General Information
Standard status
Active
Size
16,704 SF
Property subtype
Multifamily
Zoning
C2-1VL-CPIO
Building Details
Year Built
2026
Buildings
1
Stories
3
Units
35
Listing Agency:
Colliers - Los Angeles - Woodland Hills, California
(818) 325-4142
Listed By:
Reza Ghobadi · License #01780045
Source:
Crexi
Added: Feb 27
Changed: Aug 14
Last Checked: Aug 13 at 4:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Woodland Hills, California
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a 35-unit building, part of a three-property affordable housing portfolio totaling 72 newly constructed units. The property is located in Los Angeles and is scheduled for completion in April 2026. The building is a newly developed three-story building with elevator service, designed to meet modern affordable housing standards. The building has a total size of 16704 square feet. All units feature one-bedroom / one-bathroom layouts with central air conditioning. Residents will benefit from amenities including rooftop decks and dedicated bicycle storage rooms. The design is transit-oriented with no on-site parking requirements.
Key Highlights
- Turnkey affordable housing asset with modern construction and long‑term stabilized income potential.
- Newly constructed (2026) 35‑unit building.
- Part of a three‑property portfolio totaling 72 units in strategic Los Angeles submarkets.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,128
Businesses Nearby
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Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 35-unit apartment building in Los Angeles, completion scheduled for April 2026.
Where is this apartment building located?
The property is located at 3217 S Central Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,260,000.
What are key features of this property?
This property features: Turnkey affordable housing asset with modern construction and long‑term stabilized income potential.; Newly constructed (2026) 35‑unit building.; Part of a three‑property portfolio totaling 72 units in strategic Los Angeles submarkets.
