135 E 119th, Los Angeles, CA 90061 (MLS # PW26202351)

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PRICE $2,579,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 8,448 sqft
LOT SIZE 8,682 sqft

FULLY OCCUPIED REAL 8.56% CAP RATE* We are pleased to present the best priced new construction 4 unit in all of California! Grossing $276k annually (not including annual increases) by a corporate backed tenant, 135 E 119th St offers an opportunity for strong cash flow and minimal management for years to come. Tenant pays for utilities, lease recently executed. Offered at $2,579,000, the Property generates $220,883 of in-place NOI, providing investors with an attractive 8.56% going-in cap rate and basis of $305.28 per gross RSF. The Property represents the highest going-in cap rate for a newly constructed fourplex multifamily asset in California, providing investors with a rare opportunity to acquire recently delivered residential product at an exceptional yield while benefiting from modern construction, stabilized occupancy, and strong in-place cash flow.

DAYS ON MARKET 5 LAST UPDATED 9/15/2026
YEAR BUILT 2026 COMMUNITY C34 - Los Angeles Southwest
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C34 - Los Angeles Southwest
GARAGE Yes
LOT 8682 sq ft
LOT DIMENSIONS 8683
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Justin White

Based on information from CRMLS as of 9/19/26 10:11 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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