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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 2,995,000

Est. payment | -/mo

7,496 Sqft Lot

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$ 2,995,000

Est. payment | -/mo

Save

7,496 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26212568

HOA Y/N No

Year Built 2026

Lot Size 7,496 Sqft

Property Sub-Type Quadruplex

Property Description

Brand-new 2026 construction 4-unit income property in the heart of Boyle Heights, one of LA's fastest-appreciating eastside markets. Offered at $3,100,000, this townhome-style fourplex delivers $16,775/month ($201,300/year) in projected gross income with a strong unit mix: a 5bd/5ba (1,885 SF), a 4bd/4ba plus bonus room (1,975 SF), and two 3bd/3ba units (1,440 & 1,540 SF) — 6,840 SF total. Every unit features its own private rooftop deck with city views and 2 dedicated parking spaces, plus 8 additional spaces at the rear. The property is fully separately metered with 4 individual water meters — tenants pay their own water and power, keeping owner expenses minimal. As new construction, the property is exempt from LA rent control (subject only to statewide AB 1482 rules). Projected NOI of $131,048. Minutes from LAC+USC Medical Center and USC Health Sciences Campus — a major rental demand driver — plus the Arts District, Downtown LA, Metro Gold Line, and major freeways (5, 10, 60, 101). Turnkey, low-maintenance asset ideal for investors seeking new-build quality, strong rents, and long-term Boyle Heights growth. All figures estimates; buyer to verify.

Short version (~560 characters):

Brand-new 2026 fourplex in prime Boyle Heights! Four townhome-style units — 5bd/5ba, 4bd/4ba + bonus, and two 3bd/3ba — 6,840 SF total, each with a private rooftop deck and 2 parking spaces (plus 8 extra in rear). Separately metered with 4 individual water meters — tenants pay their own water & power. $16,775/mo projected income. Minutes to LAC+USC Medical Center, DTLA, Arts District, and Metro. New construction = no LA rent control (AB 1482 only). Turnkey investment at $3,100,000. Buyer to verify all figures.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Cooling Central Air

Fireplace No

Laundry Electric Dryer Hookup, Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Rural, Suburban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Yard

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5202015022

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Danny Navarro Century 21 Allstars 949-903-6633, DRE #01938421

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

1571 Ricardo Los Angeles, CA 90033

Drake Cruz

Key Details

Location

Interior

Exterior

Building

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1571 Ricardo