For more information regarding the value of a property, please contact us for a free consultation.
2419 E 3rd ST Los Angeles, CA 90033
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,575,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25056319
Sold Date 10/06/25
Construction Status Under Construction
HOA Y/N No
Year Built 2025
Lot Size 5,000 Sqft
Property Sub-Type Duplex
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!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Interior
Interior Features Unfurnished, Multiple Primary Suites
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Inside, Laundry Closet
Exterior
Exterior Feature Lighting
Parking Features Driveway, Garage, On Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Under Construction
Others
Senior Community No
Tax ID 5180004010
Security Features Carbon Monoxide Detector(s),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
Financing Conventional
Special Listing Condition Standard
Read Less
Bought with Armand Martinez Century 21 Masters
GET MORE INFORMATION
Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327