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$3,575,000
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Property Description
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!
Full Property Details
Full Property Details for 2419 E 3rd St
General
- Sold For: $3,575,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25056319
- Added to Site: 309 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Multi-Level Bedroom, Two Primaries
- Interior Features: Unfurnished
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: In Closet, Inside, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting
Parking
- Garage Spaces: 4
- Parking Features: Driveway, Garage, Street
- Parking: Driveway, Garage, Street
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: East of Soto St, North of 3rd Street
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 6
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Architectural Style: Modern
- Entry Location: Driveway
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 9,472
- Year Built: 2025
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 5
- Bedrooms: 6
Unit 2
- Number of Units: 2
- Total Bathrooms: 5
- Bedrooms: 5
Unit 3
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 6-10 Units/Acre
Green Features
- Energy Generation: Solar
- Walk Score: 79
Financial Considerations
- Price Per Sq. Ft.: $377.43
- Price Per Unit: 583333
Listed by Regional Real Estate, Maria Moreno
Sold by Century 21 Masters, Armand Martinez
Get Pre-Approved Today
Schools
Schools serving 2419 E 3rd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Breed Street Elementary School 2226 East 3rd Street, Los Angeles, CA 90033 | K-6 | 0.2 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.3 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.1 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2419 E 3rd St
Date
Details
Price
Change
Source
10/28/2025
Sold
$3,575,000
2.14%
MLS
3/24/2025
Price Reduced
$3,500,000
-7.89%
MLS
3/13/2025
Listed
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2419 E 3rd Street, Los Angeles, CA 90033 (MLS# DW25056319) is a Multi-Family property that was sold at $3,575,000 on October 28, 2025. Want to learn more about 2419 E 3rd Street? 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.

