Description
Introducing the usc spanish style villas — a ready-to-build 6-unit cash cow development located in the highly desirable wellington heights neighborhood of boyle heights. this ground-up construction project is fully entitled rti shovel ready and ideal for investors or developers seeking strong rental income in one of los angeles' fastest-growing neighborhoods.
the project includes three 3-bedroom, 2-bathroom units and three 2-bedroom, 2-bathroom units, all thoughtfully designed and unfurnished. each unit comes with one dedicated parking space, totaling six parking spots for the entire property. the projected monthly rent is $3,995 for the 3-bedroom units and $3,195 for the 2-bedroom units, generating a total monthly pro forma income of $21,570 and an annual pro forma of $258,840 — offering a compelling yield in a supply-constrained market.
positioned near monterey park and downtown los angeles, the site offers unmatched accessibility to major employment centers, transit lines, and amenities. with a high walk score of 84, the property sits in a walker's paradise, providing future tenants with convenient access to grocery stores, parks, restaurants, and public transportation — further elevating its long-term rental appeal.
this is a rare opportunity to build a high-yield multi-unit property in a rapidly developing pocket of los angeles. the project is ready to break ground—bring your team and start building today.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50096903
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- 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: 6,930
Accessibility Features
- Parking
Pool Features
- None
Laundry Features
- See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2315
- Lot Size Source: Assessor
- Lot Size Square Feet: 10084
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Listing Information
Listing Price Information
- Original List Price: 1,249,000
- Listing Contract Date: 2025-06-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5233017005
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C23 - Metropolitan
- Postal Code Plus 4: 3602
- Directions: Indiana St and 1st St: Head East on 1st St
- Zoning: LCC3*
- Source Property Type: Residential Income
- Area: C23 - Metropolitan
- Property SubType: Apartment
Building and Construction
- Property Age: 0
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/15/2025 @ 16:53
- MLS: PW25125494
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,930 sqft, 10,084 sized lot, and 0 parking. are nearby neighborhoods.