.png)
LA Value Housing I Project
Project Highlights:
-
HUA TEA EB-5 Project
-
I-956F Approved by USCIS
-
Construction Underway
-
Strong Job Creation with 97% Job Surplus
-
Multifamily Housing in Supply-Constrained Los Angeles Market
LA Value Housing I consists of the development of four multifamily residential buildings totaling approximately 224 apartment units in Los Angeles, California. The Project is designed to deliver value-oriented rental housing in high-demand urban neighborhoods and will result in significant job creation through construction activity.
The developments are located approximately 3 to 5.5 miles northwest of Downtown Los Angeles in highly desirable neighborhoods including Hollywood, Franklin Village, Koreatown, and Silver Lake. These areas provide convenient access to major employment centers, cultural landmarks, and transportation corridors including the 101 Freeway and the Los Angeles Metro system.
Los Angeles is one of the strongest housing markets in the United States, yet the city faces a shortage of nearly 500,000 rental units in the workforce and affordable housing segments. This supply imbalance continues to drive strong demand for new multifamily housing developments throughout the region.
The LA Value Housing I portfolio will deliver approximately 224 apartment units across four developments with projected average monthly rents of approximately $1,800. The projects are designed to provide modern urban housing for young professionals, students, and residents seeking centrally located rental housing near employment centers and transit.
Construction of the developments is expected to take approximately 24 months and will generate substantial construction employment. Multifamily housing is widely regarded as one of the most stable asset classes in real estate due to the essential nature of housing demand, providing strong underlying fundamentals for the Project.
About the Developer
Terra Capital — Project Developer
Terra Capital is a Los Angeles-based real estate development and investment firm focused on multifamily housing in urban infill markets throughout Southern California. The firm specializes in identifying underutilized sites in supply-constrained neighborhoods and developing modern residential communities that address the region’s growing housing demand.
Terra Capital’s development strategy emphasizes well-located projects with strong rental fundamentals, efficient design, and proximity to employment centers, transit corridors, and neighborhood amenities. Through this approach, the firm has successfully developed and completed approximately $250 million of residential housing projects across the Los Angeles metropolitan area.
The LA Value Housing I portfolio reflects Terra Capital’s expertise in delivering mid-scale multifamily communities in some of Los Angeles’ most active and supply-constrained rental markets.