2419 E 3rd Street, Los Angeles, CA 90033
- $3,575,000
- Sold Price
- $3,575,000
- List Price
- $3,500,000
- Closing Date
- Oct 28, 2025
- Status
- CLOSED
- MLS#
- DW25056319
- Year Built
- 2025
- Lot Size
- 5,002
- Acres
- 0.11
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 23
- Property Type
- Multifamily
- Style
- Modern
- Property Sub Type
- Duplex
- Stories
- Three Or More Levels
Property 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!
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Unfurnished, Multiple Primary Suites
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $318,000
- Operating Expense
- 52058
- Garage Spaces
- 4
- Levels
- Three Or More
- Parking Spaces
- 10
Listing courtesy of Listing Agent: Maria Moreno (dlanotary@gmail.com) from Listing Office: Regional Real Estate.
Listing sold by Armand Martinez from Century 21 Masters
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.