351 S State, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:ERA Donahoe Realty
351 S State,Los Angeles, CA 90033
$5,000,000
  • 7 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: steven gray
Office: exp realty of greater los angeles
MLS#:PW26019991
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,000,000

About this home

This property is part of a 3 property portfolio, see MLS#PW26019993, and MLS#PW26019990 351 S State Street is a newly constructed, income-producing multifamily asset located in the heart of Boyle Heights, one of Los Angeles most dynamic and rapidly evolving neighborhoods. Completed in 2024 and reaching full occupancy in 2025, the property is currently stabilized and generating approximately $25,000 per month in rental income under a corporate lease structure, offering immediate and reliable cash flow. The property is ideally suited for corporate housing, workforce housing, or student housing, with flexible exit optionality. A future owner may elect to maintain the existing corporate lease for stable income or take delivery vacant, allowing for repositioning or alternative leasing strategies. Architecture & Design The asset features contemporary, ground-up construction with a modern aesthetic throughout. The exterior showcases clean lines, a neutral color palette, and large windows...

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Home facts

  • Listing ID #:PW26019991
  • Added:142 day(s) ago
  • Updated:June 24, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7

Structure and exterior

  • Levels:3 Story

Finances and disclosures

  • Price:$5,000,000
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