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135 E 119th , Los Angeles, CA 90061
$2,579,000
Est. Payment: $13,773.67/mo
11 Bed
11 Bath
8448 Sqft
Status: Active | Days on site: 3
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PB17476 - PWWHITJUS
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Chris Heller
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House Description

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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Highlights

Listed by Justin White , 714.231.2537 Justin White , 714-231-2537. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.2

Year Built

2026

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

PW26202351

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:11
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:12
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$13,774
Taxes
$1,644

Home Price

$2,579,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$515,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,773.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,773.67 $1,644.11 $0.00 $15,417.78
Yearly $165,283.98 $19,729.35 $0.00 $185,013.33
Total $4,958,519.42 $591,880.50 $0.00 $5,550,399.92

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-22T23:02:25.000Z

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