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2419 E 3rd Street

Los Angeles, CA 90033

– beds
– baths
– sqft
5,002 sqft lot
2025 build
– on site

Massive $300K Price Reduction—Now $3.5M! Presenting an unmatched investment opportunity on 3rd Street, just off the I-10 freeway in one of LA’s hottest, high-growth neighborhoods. At 90% complete (images for completion reference only), this new construction boasts one of the highest CAP rates in LA County at 7.23%—a rare find for a modern multi-family asset. Featuring six premium units—two 6-bed/5-bath, two 5-bed/5-bath, and two 2-bed/1-bath ADUs—all individually metered with solar panels and smart tech for maximum efficiency and profitability. Also available as a separate $1.75M parcel (parcel #5180004008) as a duplex + ADU. With prime access to Downtown LA, Santa Monica, and Culver City, this turnkey property promises strong cash flow, tenant demand, and long-term appreciation. Act now—opportunities like this don’t last!

Listed By CRMLS_CA / Maria Moreno / Regional Real Estate / 562-207-7449

Last checked: Checking… • Last updated Apr 13, 2025 •

MLS# DW25056319 —

The Building

Year Built:

2025
Year Built Source:

Builder
New Construction:

Yes
Building Area Total:

9472.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

4
Architectural Style:

Modern
Exterior Features:

Lighting
Stories Total:

3
Common Walls:

1 Common Wall
# of Separate Gas Meters:

6
# of Separate Water Meters:

6
# of Separate Electric Meters:

6

Interior

Features:

Unfurnished
Levels:

Three Or More
Entry Location:

Driveway
Room Type:

Kitchen, Living Room, Multi-Level Bedroom, Two Primaries
Fireplace:

No
Fireplace:

None
Laundry:

In Closet, Inside, Washer Hookup
Laundry:

1

Financial & Terms

Disclosures:

Accessory Dwelling Unit

Location

Directions:

East of Soto St, North of 3rd Street
Latitude:

34.04132700
Longitude:

-118.21041300

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Under Construction
Zoning:

LAR2
Lot Features:

6-10 Units/Acre
Lot Size Area:

5002.0000
Lot Size Acres:

0.1148
Lot Size SqFt:

5002.00
Lot Size Source:

Assessor
Security Features:

Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

5180004008
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2043.00
Tax Tract:

518...
Tax Lot:

9

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5180004010

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Green Energy Generation:

Solar
Water Source:

Public

The Community

Features:

Curbs, Sidewalks, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Driveway, Garage, Street
Parking Spaces:

10.00
Garage Spaces:

4.00
Uncovered Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Price Changed	CRMLS_CA	$3,500,000	-7.9%
3/13/25 Mar 13, 2025	Listed / Active	CRMLS_CA	$3,800,000	442.9% (150.6% / YR)
2/25/25 Feb 25, 2025	Listed / Active	CRMLS_CA

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This multifamily located in Eastside, Los Angeles, CA 90033 is currently for sale for $3,500,000. 2419 E 3rd Street is a – square foot multifamily with – beds and – baths that has been on Estately for 34 days. 2419 E 3rd Street is in the Eastside neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Theodore Roosevelt Senior High, Breed Street Elementary School, and Felicitas And Gonzalo Mendez High School.

Listing Courtesy of: CRMLS_CA and Regional Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 05:29 on Apr 16.

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.