714-745-2708

135 E 119th, Los Angeles, CA 90061

$2,579,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Justin White | thesbgbp@gmail.com
Lic#: 01267826
Broker: Courtesy of Justin White
Phone: 714-231-2537

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# PW26202351

Price: $2,579,000

Beds: 0

Baths: 0

Built in 2026

0.20 acres

Lot size: 0.1993

County: Los Angeles

Lot description: TwoToFiveUnitsAcre

MLS area: C34 - Los Angeles Southwest

Last Updated: 9/25/2026

Days On Market (DOM): 11

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 33.924805, -118.272542.
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