1571 Ricardo, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:ERA Excel Realty
1571 Ricardo,Los Angeles, CA 90033
$2,995,000
  • - Beds
  • - Baths
  • 8,000 sq. ft.
  • Multi-family
  • Active
Listed by: danny navarro
Office: century 21 allstars562-863-2121
MLS#:DW26212568
Source:CRMLS

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$374.38

About this home

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)....

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Home facts

  • Year built:2026
  • Listing ID #:DW26212568
  • Added:1 day(s) ago
  • Updated:September 30, 2026 at 12:46 PM

Rooms and interior

  • Living area:8,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:8,000 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Yard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$374.38

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
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