Los Angeles, CA90037
| 7354 sqft | MLS# SR25192789
Tract:
For Sale $2,850,000
Description
Newly Built 5-Unit Apartment Building in South Los Angeles – Investor Ready! Immediate value-add opportunity with rents positioned below market, allowing income growth from day one of ownership, raising the Cap rate above 7%.. This stunning newer construction 5-unit multifamily property completed in 2023, offering a rare combination of modern design, premium finishes, and central location. Perfectly positioned in a vibrant South Los Angeles neighborhood, this property sits just west of S. Figueroa Street and south of W. Vernon Avenue, placing residents minutes from Downtown LA, USC, Exposition Park, and major commuter routes. Spread across three beautiful buildings, the property boasts an exceptional unit mix: One (1) spacious 1-bedroom, 1.5-bath ADU with off street parking spot and washer/dryer included; Two (2) large 3-bedroom, 3-bath townhouse-style units; Two (2) expansive 4-bedroom, 4-bath townhouse-style units The four front units span three stories each, while the rear ADU offers a comfortable two-story layout—each with thoughtfully designed open floor plans, abundant natural light, and modern amenities. Inside, you’ll find high ceilings, contemporary kitchens with stainless steel appliances, designer cabinetry, and stone countertops, along with beautiful flooring, recessed lighting, and energy-efficient systems. The 3 & 4 Bedroom units each have their own 2-car garage with washer/dryers included. For energy efficiency, each unit also has solar panels with installed meters. Location is key, and this property delivers—just two miles from USC, making it a prime choice for off-campus housing, and less than four miles to Downtown LA for working professionals. Outdoor enthusiasts will love being minutes from Banc of California Stadium, Exposition Park, and Julian C. Dixon Park, while everyday convenience is met with nearby shopping, dining, and retail along Figueroa Street. As a non–rent-controlled and newly constructed asset in a rapidly gentrifying market, this turnkey investment opportunity has strong rental income potential. 4 units have tenants and one unit is currently vacant. Whether catering to students professionals, or families, this property is primed to deliver exceptional long-term value. Don’t miss your chance to own a premier multifamily property in one of Los Angeles’ fastest-growing neighborhoods!
Facts
| Built in 2023 | Lot Size: 7248.00 sqft | HOA Dues: $0/month
Features
Recessed Lighting
Listing provided by Eric Delgado, Luxury Collective
Based on information from California Regional Multiple Listing Service, Inc. as of August 27, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.