Description
Massive $300k price reduction—now $3.5m! presenting an unmatched investment opportunity on 3rd street, just off the i-10 freeway in one of la’s hottest, high-growth neighborhoods. at 90% complete (images for completion reference only), this new construction boasts one of the highest cap rates in la county at 7.23%—a rare find for a modern multi-family asset. featuring six premium units—two 6-bed/5-bath, two 5-bed/5-bath, and two 2-bed/1-bath adus—all individually metered with solar panels and smart tech for maximum efficiency and profitability. also available as a separate $1.75m parcel (parcel #5180004008) as a duplex + adu. with prime access to downtown la, santa monica, and culver city, this turnkey property promises strong cash flow, tenant demand, and long-term appreciation. act now—opportunities like this don’t last!
Property Type
Residential IncomeCounty
Los AngelesStyle
ModernAD ID
48973571
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Exterior Property Features : Lighting
- Interior Features: Unfurnished,Multiple Primary Suites
- Fireplace: None
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2025
- Building Area Total: 9,472
Exterior Features
- Lighting
Security Features
- Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Smoke Detector(s)
Pool Features
- None
Laundry Features
- Washer Hookup,Inside,Laundry Closet
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1148
- Lot Size Source: Assessor
- Lot Size Square Feet: 5002
-
Listing Information
Listing Price Information
- Original List Price: 3,500,000
- Listing Contract Date: 2025-03-13
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5180004010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway,Garage,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
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
- Property Condition: Under Construction
- Structure Type: Duplex
- Year Built Source: Builder
- Entry Location: Driveway
- Property Attached: Yes
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 05/13/2025 @ 17:06
- MLS: DW25056319
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 9,472 sqft, 5,002 sized lot, and 4 parking. are nearby neighborhoods.