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137 E 119th Street, Los Angeles, CA 90061

Los Angeles
Local realty services provided by:CENTURY 21 Lois Lauer Realty
137 E 119th Street,Los Angeles, CA 90061
$2,425,000
  • 22 Beds
  • 24 Baths
  • 7,890 sq. ft.
  • Multi-family
  • Active
Listed by: nabil awada
Office: matthews real estate investment services866-889-0550
MLS#:26834197
Source:CRMLS

Price summary

  • Price:$2,425,000
  • Price per sq. ft.:$307.35

About this home

We are pleased to present 137 E 119th Street, a newly constructed four-unit multifamily property in South Los Angeles, this non-rent-controlled asset offers a rare opportunity in a rapidly growing and supply-constrained rental market. Upon stabilization at market rents, the property is projected to generate a7.5%-8.0% cap rate, supported by strong income performance and efficient long-term operations. The property consists of two three-story 7-bed / 7.5-bath townhome-style units and two two-story 4-bed / 4.5-bath units. Each residence is designed to accommodate large households, co-living arrangements, or institutional tenancy. Units feature modern kitchens, in-unit laundry, and quality finishes, offering a fully turnkey, lease-ready product with strong renter appeal. An additional bonus recreation room provides expanded functional space, enhancing livability and increasing overall utility for tenants. Constructed for long-term ownership, the asset includes separately metered...

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Home facts

  • Year built:2025
  • Listing ID #:26834197
  • Added:75 day(s) ago
  • Updated:July 29, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:24
  • Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
  • Living area:7,890 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:7,890 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$2,425,000
  • Price per sq. ft.:$307.35

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Recessed Lighting

Parking

  • Total parking spaces:8
  • Parking description:Driveway, Gated, Private
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Lois Lauer Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Lois Lauer Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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