Recently Listed New ConstructionOpen House 9/5 12pm - 3pm
3038 Casitas Avenue
Los Angeles, CA, 90039 $ 2,750,000
Baths4.0 Sq 3,561 Monthly Estimate*
$ 17,364
Listed by Kase Real Estate
Studio for $2,750,000 with 4 full baths. This 3,561 square foot home was built in 2026 on a lot size of 0.124.
Introducing 3038- 3040 1/2 W Casitas Ave, a brand new 2026 construction triplex offering a rare combination of modern living, strong income potential, and exceptional flexibility in one of Los Angeles’ most desirable locations. Delivered 100% vacant and not subject to rent control, the property gives its next owner the opportunity to immediately establish market rents, select their own tenants, or take advantage of an ideal house hack opportunity, live in one unit while generating rental income from the other two. The property features an impressive 12 bedrooms and 9 bathrooms across approximately 3,561 SF, with a highly desirable unit mix consisting of a spacious 5-bedroom/4-bath front residence, a 4-bedroom/3-bath unit, and a 3-bedroom/2-bath unit. The large bedroom counts provide excellent rental flexibility and strong income potential for both investors and owner-users. Designed with long term ownership in mind, each residence is individually metered for water, gas, and electricity, helping simplify utility management and minimize owner paid expenses. Each unit also includes in-unit laundry hookups, while the property features solar panels, two garage spaces and additional on-site parking. Brand-new construction provides the added benefit of modern building systems and potentially lower near term maintenance compared with older multifamily inventory. The location further sets 3038 W Casitas apart. Positioned in Atwater Village near the Los Angeles River, the property offers convenient access to the neighborhood’s popular restaurants, cafés, shops and recreation while placing residents just minutes from Silver Lake, Glendale and Downtown Los Angeles. Whether acquired as a turnkey multifamily investment, owner-occupied income property, or multi-generational living opportunity, 3038 W Casitas Ave offers the increasingly difficult to find combination of new construction, vacant delivery, 12 bedrooms, strong income potential, separate utilities and a prime Los Angeles location.
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Open House
9/5/2026 12:00 PM - 3:00 PM
3038 Casitas Avenue Los Angeles, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt Flat
Appliances Dishwasher Disposal Gas Oven Gas Range Refrigerator
Garage Spaces 2
Architectural Style Modern
Pool Features None
Year Built 2026
Tenant Pays All Utilities
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 170400
Community Features Biking Dog Park Sidewalks
County Los Angeles
Net Operating Income 165900
Operating Expense 4500
Insurance Expense 7500
New Construction true
Property Type Residential Income
Garage Y/N true
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active
Directions Main streets are Fletcher Drive and San Fernando Rd
City Los Angeles
Entry Location front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area 606 - Atwater
Lot Size Units Square Feet
Lot Size Square Feet 5400
Listing Terms Cash Cash to New Loan Conventional Contract 1031 Exchange FHA Fannie Mae
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 11
Property Sub Type Additional Triplex
Expected Active Date 2026-09-03
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Gas Dryer Hookup Inside
Entry Level 1
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ExteriorParking Features Assigned
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 6
Lot Size Area 5400
Number of Buildings 2
Building Area Total 3561
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $17,364
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,867,637
Percent of Sale Price 32%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $2,750,000 | | Listed Price |