2415 E 3rd Street
Los Angeles, CA 90033
- 13 beds
- – baths
- 4,736 sqft
- 5,003 sqft lot
- $369 per sqft
- 2025 build
- – on site
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 mai
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Last updated Mar 24, 2025
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MLS# CRDW25056403 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2025
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Building Area Units:Square Feet
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Security Features:Smoke Detector(s)
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Green Energy Efficient:Other
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Building Area Total:4736
Room Dimensions
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Living Area:4736
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Living Area Units:Square Feet
Location
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Directions:East of Soto St, North of 3rd Street
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Exterior Features:Other
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Parcel Number:5180004008
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Zoning:LAR2
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Lot Features:Level
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Lot Size Area:0.11
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Lot Size Acres:0.11
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Lot Size SqFt:5003
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (562) 207-7449
Taxes
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Tax Tract:2043.00
Beds
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Bedrooms Total:13
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Laundry Closet
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:5
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/24/25
Mar 24, 2025
|
Price Changed | BRIDGE | $1,750,000 | -7.9% |
|
3/13/25
Mar 13, 2025
|
Listed / Active | BRIDGE | $1,900,000 | 196.9% (67.0% / YR) |
|
3/4/25
Mar 4, 2025
|
Listed / Active | BRIDGE |
