Executive Summary

The Neema Group of Marcus & Millichap is pleased to present a new construction affordable housing investment opportunity at 6001 S Broadway in South Los Angeles located between Slauson Ave & W Gage Ave.

Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF; 39 of the 60 units have a patio or balcony. The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately.

The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space for supportive services. In addition, there is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4.

Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property at Broadway & W 61st St. Ideal location to commute to employment hubs throughout South Los Angeles, Huntington Park, Vernon, and Downtown Los Angeles. Walking distance to several schools including 61st St Elementary, Juanita Tate Elementary, and St Columbkille School; walking distance to neighborhood retail and amenities. One block east of the 110 Freeway with convenient access from W Gage Ave or Slauson Ave.