137 E 119th Street, Los Angeles, CA 90061

Los Angeles
Local realty services provided by:ERA Excel Realty
137 E 119th Street,Los Angeles, CA 90061
$2,425,000
  • 22 Beds
  • 24 Baths
  • 7,890 sq. ft.
  • Multi-family
  • Active
Listed by: nabil awada
Office: matthews real estate investment services866-889-0550
MLS#:26834197
Source:CRMLS

Price summary

  • Price:$2,425,000
  • Price per sq. ft.:$307.35

About this home

We are pleased to present 137 E 119th Street, a newly constructed four-unit multifamily property in South Los Angeles, this non-rent-controlled asset offers a rare opportunity in a rapidly growing and supply-constrained rental market. Upon stabilization at market rents, the property is projected to generate a7.5%-8.0% cap rate, supported by strong income performance and efficient long-term operations. The property consists of two three-story 7-bed / 7.5-bath townhome-style units and two two-story 4-bed / 4.5-bath units. Each residence is designed to accommodate large households, co-living arrangements, or institutional tenancy. Units feature modern kitchens, in-unit laundry, and quality finishes, offering a fully turnkey, lease-ready product with strong renter appeal. An additional bonus recreation room provides expanded functional space, enhancing livability and increasing overall utility for tenants. Constructed for long-term ownership, the asset includes separately metered...

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Home facts

  • Year built:2025
  • Listing ID #:26834197
  • Added:46 day(s) ago
  • Updated:June 30, 2026 at 01:36 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:24
  • Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
  • Living area:7,890 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:7,890 sq. ft.
  • Lot area:0.2 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$2,425,000
  • Price per sq. ft.:$307.35

Features and amenities

  • Appliances:Dishwasher, Microwave, Oven, Range, Refrigerator
  • Amenities:Double Pane Windows, Fire Detection System, Fire Sprinkler System, Gated Community, Recessed Lighting, Smoke Detectors

Parking

  • Total parking spaces:8
  • Parking description:Driveway, Gated, Private
Based on information from California Regional Multiple Listing Service, Inc. as of June 30, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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