2415 E 3rd Street

Los Angeles, CA 90033

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,736 Sqft
  • 5003
    Sqft(Lot)
$1,750,000

Description

Massive reduction from $1.9m to $1.75m! please note: project is 90% complete; images are for completion reference only. discover a premier investment opportunity on 3rd street, ideally situated just off the i-10 freeway in one of los angeles’ most dynamic and rapidly appreciating neighborhoods. this new construction offering features a meticulously designed duplex with one 6-bedroom, 5-bathroom unit, one 5-bedroom, 5-bathroom unit, and one 2-bedroom, 1-bathroom adu—now priced at an unbeatable $1.75 million. want more? pair it with the adjacent parcel (5180004010) for a full six-unit development at $3.5 million. each unit is individually metered, simplifying management and cutting utility costs for the owner. outfitted with advanced solar panels and sustainable materials, this property delivers energy-efficient operation and enhanced profitability. boasting a stellar 7.23% cap rate—one of the highest in la county for new construction—this asset offers exceptional cash flow and long-term value. its prime location ensures easy access to downtown los angeles, santa monica, and culver city, surrounded by trendy cafes, top schools, and employment hubs—fueling strong tenant demand and premium rents. the versatile unit mix and high-end finishes attract renters while keeping maintenance low. this turnkey investment is poised for immediate returns and growth in la’s booming multi-family market. acquire before the certificate of occupancy, and solar tax credits may apply (consult a tax advisor; seller makes no guarantees). secure this rare find and capitalize on a high-demand locale with unmatched potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Modern

  • AD ID

    48973548

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Multiple Primary Suites
    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2025
    • Building Area Total: 4,736

    Security Features

    • Fire Detection System,Fire Sprinkler System,Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Inside,Laundry Closet

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1149
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5003

  • Listing Price Information

    • Original List Price: 1,750,000
    • Listing Contract Date: 2025-03-13

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5180004008

  • Garage and Parking

    • Garage Description: Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: BOYH - Boyle Heights
    • Postal Code Plus 4: 4013
    • Directions: East of Soto St, North of 3rd Street
    • Zoning: LAR2
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 0
    • Common Walls: 1 Common Wall
    • Structure Type: Duplex
    • Year Built Source: Builder
    • Property Attached: Yes
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 05/13/2025 @ 14:19

  • MLS: DW25056403
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,736 sqft, 5,003 sized lot, and 2 parking. are nearby neighborhoods.