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135 E 119th, Los Angeles, CA 90061

Los Angeles
Local realty services provided by:CENTURY 21 Affiliated
135 E 119th,Los Angeles, CA 90061
$2,579,000
  • 11 Beds
  • 11 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin white
Office: justin white
MLS#:PW26202351
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,579,000

About this home

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.

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Home facts

  • Listing ID #:PW26202351
  • Added:4 day(s) ago
  • Updated:September 20, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:11

Finances and disclosures

  • Price:$2,579,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Nikki Coppa

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