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2415 E 3rd Street Los Angeles, CA 90033
$1,750,000 0 beds, 0 baths
0 sqft
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Massive Reduction from $1.9M to $1.75M! Please note: Project is 90% complete; images are for completion reference only. Discover a premier investment opportunity on 3rd Street, ideally situated just off the I-10 freeway in one of Los Angeles’ most dynamic and rapidly appreciating neighborhoods. This new construction offering features a meticulously designed duplex with one 6-bedroom, 5-bathroom unit, one 5-bedroom, 5-bathroom unit, and one 2-bedroom, 1-bathroom ADU—now priced at an unbeatable $1.75 million. Want more? Pair it with the adjacent parcel (5180004010) for a full six-unit development at $3.5 million. Each unit is individually metered, simplifying management and cutting utility costs for the owner. Outfitted with advanced solar panels and sustainable materials, this property delivers energy-efficient operation and enhanced profitability. Boasting a stellar 7.23% cap rate—one of the highest in LA County for new construction—this asset offers exceptional cash flow and long-term value. Its prime location ensures easy access to Downtown Los Angeles, Santa Monica, and Culver City, surrounded by trendy cafes, top schools, and employment hubs—fueling strong tenant demand and premium rents. The versatile unit mix and high-end finishes attract renters while keeping maintenance low. This turnkey investment is poised for immediate returns and growth in LA’s booming multi-family market. Acquire before the certificate of occupancy, and solar tax credits may apply (consult a tax advisor; seller makes no guarantees). Secure this rare find and capitalize on a high-demand locale with unmatched potential.

Listing Details

Property type: Duplex (Multi-Family)
Status: Pending
MLS# DW25056403
List price is $1,750,000 Reduced by $150,000 on 3/24/2025
Beds: 0
Baths: 0
None fireplaces
Built in 2025
0.11 acres
Lot size: 0.1149
County: Los Angeles
Property style: Modern
Zoning: LAR2
Interior features: Multiple Primary Suites
Parking description: Driveway,Garage
Lot description: TwoToFiveUnitsAcre,Level
Heating/cooling: Central Air
Heating description: Central
MLS area: BOYH - Boyle Heights

Last Updated: 4/16/2025

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This listing belongs to the BOYH - Boyle Heights MLS area

The style of this listing is Modern.
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Lat/Long: 34.041298, -118.210597.
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Listing Agent: Maria Moreno
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

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Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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