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Listed by: Justin White (714) 231-2537 DRE #01267826 | Justin White (714) 231-2537
$2,579,000
Monthly Est:$12,837
11 Beds
11 Baths
8,448sqft
135 East 119th, Los Angeles, CA 90061
$2,579,000
$12,837/moEst:
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Quadruplex
Built in 2026
$-- HOA
8,683 sqft lot
$305/sq.ft
Description
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.
- Houzeo last checked: 24 minutes ago
- Listing updated: September 25, 2026 at 4:42 pm
- Source: California Regional MLS-CA | MLS#: PW26202351
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
2026
HOA Fees
-
Finished Area
8,448 sqft
Lot Size
8,683 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26202351
MLS Status
Active
Days on Market
49
Cumulative Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 11
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Inside
Other Features
Lot Features
Two To Five Units Acre
Community Features
Curbs
Price History
| Date | Event | Price |
|---|---|---|
09/15/2026 Source: | Listed for Sale | $2,579,000 $305/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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