135 E 119th Los Angeles, CA ^$ 2,579,000

135 E 119th

^$ 2,579,000

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New Construction

135 E 119th

Los Angeles, CA, 90061

^$ 2,579,000

Bedrooms-- Baths7.0 Sq 8,448

Monthly Estimate*

^$ 17,813

Listed by Justin White, Justin White, thesbgbp@gmail.com

135 E 119th, Los Angeles, CA 90061 - Image 1

135 E 119th, Los Angeles, CA 90061 - Image 2

135 E 119th, Los Angeles, CA 90061 - Image 3

135 E 119th, Los Angeles, CA 90061 - Image 4

135 E 119th, Los Angeles, CA 90061 - Image 5

135 E 119th, Los Angeles, CA 90061 - Image 6

135 E 119th, Los Angeles, CA 90061 - Image 7

135 E 119th, Los Angeles, CA 90061 - Image 8

135 E 119th, Los Angeles, CA 90061 - Image 9

135 E 119th, Los Angeles, CA 90061 - Image 10

135 E 119th, Los Angeles, CA 90061 - Image 11

135 E 119th, Los Angeles, CA 90061 - Image 12

135 E 119th, Los Angeles, CA 90061 - Image 13

Multi-Family Home for sale in Los Angeles, CA

for $2,579,000 with 7 full baths. This 8,448 square foot home was built in 2026 on a lot size of 0.1993.

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.

Multi-Family Active

Price

^$ 2,579,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1993

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26202351

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 2

Pool Features None

Year Built 2026

Property Subtype Quadruplex

Gross Income 276000

Community Features Curbs

County Los Angeles

Net Operating Income 220838

Operating Expense 46838

Insurance Expense 8000

New Construction true

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Going south bound on Main st Turn turn left on to 119th st.

City Los Angeles

Entry Location Main

Senior Community Y/N false

Open Parking Spaces 10

Number Of Units Total 4

MLS Area C34 - Los Angeles Southwest

Lot Size Units Square Feet

Lot Size Square Feet 8683

Listing Terms Conventional

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 65

Property Sub Type Additional Quadruplex

Taxes 32238

Cap Rate 8.56

Interior

Total Stories 3

Common Walls 2+ Common Walls

Laundry Features Inside

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 12

Lot Size Area 8683

Number of Buildings 2

Building Area Total 8448

Lot Size Acres 0.1993

Private Pool false

Lot Size Source Builder

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Justin White

Listing Agent

Justin White

Broker

thesbgbp@gmail.com

Affordability Calculator

$17,813

Per Month

Monthly Principal & Interest: $17,813
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,940,393

Percent of Sale Price 25%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
9/15/2026	$2,579,000		Listed Price

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135 E 119th, Los Angeles, CA, 90061 is a Multi-Family Home for sale at $2,579,000 with 8,448 sqft and a lot size of 0.1993. 135 E 119th has 7.0 baths and was built in 2026. The property's zip code is 90061 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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135 E 119th

Multi-Family Home for sale in Los Angeles, CA

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