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Investment Highlights
- New construction multifamily investment
- Strategically located along Western Avenue, one of South Los Angeles’ primary north–south corridors
- Located within a designated Opportunity Zone
- The property will be delivered vacant at the close of escrow
Executive Summary
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. 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.
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 is also located within a designated Opportunity Zone, and 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.
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.
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.
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. 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.
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 is also located within a designated Opportunity Zone, and 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.
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.
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.
Property Facts
| Sale Type | Investment | Lot Size | 0.24 AC |
| No. Units | 118 | Building Size | 54,052 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | LAC2 - Commercial | ||
| Sale Type | Investment |
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 54,052 SF |
| No. Stories | 7 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - Commercial |
Amenities
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Recycling
- Storage Space
- Bicycle Storage
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 110 | - | - |
| Studios | 6 | - | - |
| 3+2 | 2 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5021-009-037 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,190,047 CAD | Total Assessment | $2,190,047 CAD |
Property Taxes
Parcel Number
5021-009-037
Land Assessment
$2,190,047 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,190,047 CAD
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4186 S Western Ave
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