2415 E 3rd Street Pending

Los Angeles,CA 90033

$ 1750000

13 Beds

11 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DW25056403

Bedrooms 13

Lot Size 5,003 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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 ADUnow 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 rateone of the highest in LA County for new constructionthis 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 hubsfueling 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 LAs 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 un
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 ADUnow 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 rateone of the highest in LA County for new constructionthis 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 hubsfueling 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 LAs 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.

Location

State CA

County Los Angeles

Area Los Angeles (90033)

Zoning Builder

Interior

Cooling Central Forced Air

Building

Lot Description Curbs,Sidewalks

Story 3

Others

Monthly Total Fees $15

Acceptable Financing Cash,Conventional,Exchange

Listing Terms Cash,Conventional,Exchange

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