2415 E 3rd Street, Los Angeles, CA 90033 - Berkshire Hathaway HomeServices California Properties

2415 E 3rd Street, Los Angeles, CA 90033

$1,750,000 Approx. USD 0 beds, 0 baths

Listing Agent


Maria Moreno | dlanotary@gmail.com
Lic#: 02014010
Broker: Courtesy of Regional Real Estate

Agent Remarks

Massive Reduction from $1.9M to $1.75M! Please note: Project is 90% complete; images are for completion reference only. Discover a premier investment opportunity on 3rd Street, ideally situated just off the I-10 freeway in one of Los Angeles’ most dynamic and rapidly appreciating neighborhoods. This new construction offering features a meticulously designed duplex with one 6-bedroom, 5-bathroom unit, one 5-bedroom, 5-bathroom unit, and one 2-bedroom, 1-bathroom ADU—now priced at an unbeatable $1.75 million. Want more? Pair it with the adjacent parcel (5180004010) for a full six-unit development at $3.5 million. Each unit is individually metered, simplifying management and cutting utility costs for the owner. Outfitted with advanced solar panels and sustainable materials, this property delivers energy-efficient operation and enhanced profitability. Boasting a stellar 7.23% cap rate—one of the highest in LA County for new construction—this asset offers exceptional cash flow and long-term value. Its prime location ensures easy access to Downtown Los Angeles, Santa Monica, and Culver City, surrounded by trendy cafes, top schools, and employment hubs—fueling strong tenant demand and premium rents. The versatile unit mix and high-end finishes attract renters while keeping maintenance low. This turnkey investment is poised for immediate returns and growth in LA’s booming multi-family market. Acquire before the certificate of occupancy, and solar tax credits may apply (consult a tax advisor; seller makes no guarantees). Secure this rare find and capitalize on a high-demand locale with unmatched potential.

Listing Details

Property type: Duplex (Multi-Family)
Status: Pending
MLS# DW25056403
List price is $1,750,000 Reduced by $150,000 on 3/24/2025
Price: $1,750,000
Beds: 0
Baths: 0
None fireplaces
Built in 2025
0.11 acres
Lot size: 0.1149
County: Los Angeles
Property style: Modern
Zoning: LAR2
Interior features: Multiple Primary Suites
Parking description: Driveway,Garage
Lot description: TwoToFiveUnitsAcre,Level
Heating/cooling: Central Air
Heating description: Central
MLS area: BOYH - Boyle Heights

Last Updated: 4/16/2025

 Days On Market (DOM): 26

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This listing belongs to the BOYH - Boyle Heights MLS area

The style of this listing is Modern.
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Lat/Long: 34.041298, -118.210597.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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