Los Angeles, CA 90033,2415 E 3rd ST
Los Angeles, CA 90033,2415 E 3rd ST
Los Angeles, CA 90033,2415 E 3rd ST
Los Angeles, CA 90033,2415 E 3rd ST
Los Angeles, CA 90033,2415 E 3rd ST
Los Angeles, CA 90033,2415 E 3rd ST
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$ 1,750,000
Est. payment | /mo

5,005 Sqft Lot


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$ 1,750,000
Est. payment | /mo
Save

5,005 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DW25056403

HOA Y/N No

Year Built 2025

Lot Size 5,005 Sqft

Property Sub-Type Duplex

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 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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR2

Interior

Interior Features Multiple Primary Suites

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside, Laundry Closet

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre, Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5180004008

Security Features Fire Detection System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Green/Energy Cert Solar

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Maria Moreno • Regional Real Estate • 562-207-7449
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2415 E 3rd ST