Listed by Justin White, Justin White, (714) 231-2537
$2,579,000
- 22 Beds
- 22 Baths
- 8,448 sqft
135 E 119th St, Los Angeles, CA 90061
Est. Mortgage $16,338/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2026
$305/sqft
Garage
Local Information
-- mins to
About this House
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.
Home Details for 135 E 119th St
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Beds & Baths Number of Bedrooms: 22Number of Bathrooms: 22 |
Appliances & Utilities Laundry: Inside |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 3Entry Location: Main |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 10Has a GarageParking Spaces: 12Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 3Days on Market: 8 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Is a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 6083025022 |
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Price List Price: $2,579,000Price Per Sqft: $305 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
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Listing Agent Listing ID: PW26202351 |
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Building Area Building Area: 8448 Square Feet |
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Community Features: CurbsNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 8683 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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No Rent Control |
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Mls Number: PW26202351Living Area Range Units: Square FeetAttribution Contact: 714.231.2537Common Interest: NoneUniversal Property Id: US-06037-N-6083025022-R-N |
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CurbsSource Internet Entire Listing Display |
Around this home
What Locals Say about Southeast Los Angeles
At least 1446 Trulia users voted on each feature.
90 % Say there are sidewalks
72 % Say car is needed
69 % Say yards are well-kept
64 % Say there's holiday spirit
60 % Say it's walkable to grocery stores
51 % Say kids play outside
51 % Say it's dog friendly
50 % Say streets are well-lit
48 % Say it's walkable to restaurants
45 % Say they plan to stay for at least 5 years
42 % Say neighbors are friendly
34 % Say it's quiet
27 % Say people would walk alone at night
25 % Say there are community events
25 % Say parking is easy
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Southeast Los Angeles
Last updated August 2026
Avg. sale price
$598K
$2KMoM
Sale-to-List Price
101.2%
0.4%MoM
Price per sq ft
$547
$5MoM
Available listings
122
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $770,000 | 10/31/25 | 5 | 4 | 1,984 | |
0.98 | Multi-Family Home | $1,860,000 | 01/27/26 | 14 | 10 | 6,336 | |
0.64 | Multi-Family Home | $1,100,000 | 03/24/26 | 10 | 6 | 3,900 | |
0.35 | Multi-Family Home | $707,000 | 02/20/26 | 8 | 4 | 2,220 | |
0.63 | Multi-Family Home | $605,000 | 10/31/25 | 7 | 6 | 3,552 | |
0.69 | Multi-Family Home | $1,075,000 | 08/14/26 | 8 | 6 | 3,132 | |
0.25 | Multi-Family Home | $750,000 | 06/12/26 | 5 | - | 2,183 | |
0.47 | Multi-Family Home | $749,000 | 10/24/25 | 6 | 4 | 2,232 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $600,000 | 3 | 2 | 1,718 | Recently Sold | |
0.01 | $2,354,300 | 2 | 1 | 936 | Off Market | |
0.03 | $747,200 | 6 | 2 | 1,564 | Off Market | |
0.09 | $899,000 | 32 | 16 | 3,132 | For Sale | |
0.12 | $808,100 | 5 | 2 | 2,129 | Off Market | |
0.07 | $760,800 | 5 | 4 | 1,984 | Off Market | |
0.13 | $725,600 | 5 | 5 | 2,552 | Off Market | |
0.14 | $754,300 | 6 | 4 | 2,608 | Off Market | |
0.15 | $785,800 | 4 | 2 | 1,627 | Off Market | |
0.17 | $792,100 | 8 | 4 | 1,686 | Off Market | |
0.14 | $849,999 | 7 | 4 | 2,737 | For Sale |
Price and Tax history
| Date | Event | Price |
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Sep 15, 2026 Source: CRMLS #PW26202351 | Listed For Sale | $2,579,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Justin White, Justin White
Agent Phone: (714) 231-2537

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 12:18:45 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 12:18:45 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 135 E 119th St
- What is the estimated monthly payment for 135 E 119th St?Based on a $2,579,000 list price with 20% down at today's rates, the estimated monthly payment for 135 E 119th St in Los Angeles, CA is approximately $16,432 (about $13,821 principal & interest, $2,536 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 135 E 119th St compare to homes in Los Angeles?135 E 119th St in Los Angeles, CA is listed at $2,579,000, about 331% above the $598K median sale price in Los Angeles.
- What do residents say about the Southeast Los Angeles neighborhood?Residents describe the Southeast Los Angeles neighborhood in Los Angeles, CA as pedestrian-friendly, well-kept, and walkable to grocery stores. See homes for sale in Southeast Los Angeles, Los Angeles.
- What are the closest schools to 135 E 119th St?The closest schools to 135 E 119th St in Los Angeles, CA are Alain Leroy Locke College Prep Academy (High, rated 3/10), One Hundred Eighteenth Street School (Elementary, rated 4/10), Samuel Gompers Middle School (rated 3/10).
- Does 135 E 119th St have laundry facilities?Yes, 135 E 119th St in Los Angeles, CA has laundry facilities.
135 E 119th St, Los Angeles, CA 90061 is a 22 bedroom, 22 bathroom, 8,448 sqft multi-family built in 2026. 135 E 119th St is located in Southeast Los Angeles, Los Angeles. This property is currently available for sale and was listed by CRMLS on Sep 15, 2026. The MLS # for this home is MLS# PW26202351.

