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$2,579,000

FOR SALE
Active

135 E 119th

Los Angeles, CA

MLS# PW26202351

Quadruplex
52 days on marketNalren refreshed

Listing Agent

Justin White

Listing Agent

Justin White

DRE #: 01267826

(714) 231-2537

Brokerage: Justin White

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

2026

Year Built

8,683 sqft

Lot Size

N/A

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Quadruplex

Property Type

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.

Facts & Features

Interior

Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
2–5 Acre Lot

Building

Year Built
2026
Building Area Total
8,448
Stories Total
3

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
2
Parking Total
12

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CRMLS

MLS# PW26202351

Listed:

Nalren refreshed:

Last updated

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of . 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Justin White

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.