Date
Details
Price
Change
Source
9/15/2026
Listed
$2,579,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$2,579,000
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1/13
Property 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.
Full Property Details
Full Property Details for 135 E 119th
General
- Price: $2,579,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26202351
- Updated: 9/25/2026
- Days on Market: 11 days
- Added to Site: 11 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: C34 - Los Angeles Southwest
- County: Los Angeles
- Development Name: C34 - Los Angeles Southwest
- Driving Directions: Going south bound on Main st, Turn turn left on to 119th st.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Main
- Square Feet: 8,448
- Year Built: 2026
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 7
- Bedrooms: 7
Unit 2
- Number of Units: 2
- Total Bathrooms: 4
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.1993
- Lot Size (Sq. Ft.): 8,683
- Lot Size Source: Builder
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $305.28
- Price Per Unit: 644750
Listed by Justin White, Justin White
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 135 E 119th —
Justin White
Justin White
714.231.2537
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 135 E 119th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
One Hundred Eighteenth Street School 144 East 118th Street, Los Angeles, CA 90061 | K-5 | 0.1 mi |
Samuel Gompers Middle School 234 East 112th Street, Los Angeles, CA 90061 | 7-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 135 E 119th
Estimate the Cost
Estimate the Cost for 135 E 119th
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 5Total Baths
- 2,064Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 1Bed
- 1Total Bath
- 620Sq. Ft.
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- Condo
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,165Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,024Sq. Ft.
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135 E 119th, Los Angeles, CA 90061 (MLS# PW26202351) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 135 E 119th is currently listed for $2,579,000 and was received on September 15, 2026. Want to learn more about 135 E 119th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.