135 E 119th , Los Angeles, CA 90061
$2,579,000
Est. Payment: $13,773.67/mo
11 Bed
11 Bath
0 Sqft
Status: ACTIVE | Days on site: 5
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CR-PB17476 - CR-PWWHITJUS
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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.

Highlights

Listed by Justin White , 714-231-2537 Justin White , 714-231-2537. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.2

County

Los Angeles

Listing ID

PW26202351

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:11
  • Full Bathrooms:

Exterior Features

Zoning:Builder
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.

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This 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, noncommercial 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 © 2026 San Diego MLS.

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Data last updated: 2026-09-22T23:26:49.000Z

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