Los Angeles, CA 90033 2419 E 3rd Street

Pending
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Presented By: Maria Moreno with Regional Real Estate; 562-207-7449
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# DW25056319
  • 03/13/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 26
  • Baths • 11
  • SQFT • 9,472
  • Garage • 4

Home Details

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!
Presented By: Maria Moreno with Regional Real Estate; 562-207-7449

Interior Features for 2419 E 3rd Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesUnfurnished, MultiplePrimarySuites
Laundry FeaturesWasherHookup, Inside, LaundryCloset
Total Stories3

Other Rooms

Entry Level

General for 2419 E 3rd Street

Additional Parcels Description5180004008
Additional Parcels Y/NYes
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.23
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsEast of Soto St, North of 3rd Street
DisclosuresAccessoryDwellingUnit
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationDriveway
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Green Energy GenerationSolar
Gross Income318000.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3352.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet5002.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income253222.0
New ConstructionYes
Number Of Units Total6
Open Parking Spaces6.0
Operating Expense52058.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionUnderConstruction
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, FireSprinklerSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot9
Trash Expense0.0
Walk Score79
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built2025
Year Built SourceBuilder
ZoningLAR2

Exterior for 2419 E 3rd Street

Building Area Total9472.0
Crops Included Y/NNo
Exterior AmenitiesLighting
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1148
Lot Size Area5002.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters6
Open Parking Y/NNo
Parking FeaturesDriveway, Garage, OnStreet
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking10.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,500,000
MLS#DW25056319
List Date 03/13/2025
Property Type Pending
Phone 714.742.6515
Request Tour
Request Info
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