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.
Property Details
Price:
$2,579,000
MLS #:
PW26202351
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 16, 2026
Total Sq Ft:
8,448
Lot Size:
8,683 sqft / 0.20 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Laundry Features
IN
Exterior
Common Walls
_2CW
Community Features
CRB
Garage Spaces
2
New Construction YN
1
Parking Spots
12
Parking Total
12
Financial
Map
Community
- Address135 E 119th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 18, 2026
8,218
Single Family Listed
85
Avg DOM
432
Avg $ / SqFt
$1,562,531
Avg List Price
Property Summary
- 135 E 119th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90061. It is listed for $2,579,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2026. The average price per square foot for Single Family listings in Los Angeles is $432. The average listing price for Single Family in Los Angeles is $1,562,531.
Similar Listings Nearby
Courtesy of Justin White. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.135 E 119th
Los Angeles, CA