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    Modern Fourplex with Balconies Title is generated by Realmo AI

    1805 S New England St, Los Angeles, CA 90006

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    New
    For Sale
    $2,875,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    7,719 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $372/SF
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 1805 S New England St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    LARD1.5
    Bedrooms
    20
    Bathrooms
    19
    Rooms
    Bedroom 12, Bedroom 1, Bedroom 6, Bedroom 20, Bedroom 4, Bedroom 18, Bedroom 17, Bedroom 2, Bathroom 5, Bathroom 8, Bedroom 16, Bathroom 10, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 13, Bedroom 10, Bathroom 18, Bathroom 17, Bedroom 11, Bedroom 19, Bathroom 19, Bedroom 5, Bedroom 8, Bathroom 11, Bathroom 16, Bedroom 9, Bedroom 13, Bedroom 14, Bathroom 6, Bathroom 15, Bathroom 20, Bathroom 9, Bedroom 15, Bathroom 1, Bathroom 14, Bathroom 12, Bedroom 7, Bathroom 7
    Parking
    6
    Parking features
    Covered
    Standard status
    Active
    APN
    5056-016-018
    Size
    7,719 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Floors in Building
    3
    Number of units
    4

    We can help!

    Listing Contact
    Arash Pashaei

    Listing agent Arash Pashaei License #02024961

    Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA

    Listing date Jun 3, 2026

    MLS# 26842427 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fourplex built in 2021 (three 5 bed/5 bath units and one 5 bed/4 bath unit).
    • Delivered fully vacant for immediate possession and re‑leasing.
    • Central heating and central air across the property.
    • Gated entry with a spacious backyard plus three garages.
    • Five additional guest parking spaces.
    • Separate utility meters for each unit.

    Overview

    This modern fourplex was built in 2020/2021 and is delivered fully vacant. The property includes three units with 5 bedrooms and 5 bathrooms, plus one additional unit with 5 bedrooms and 4 bathrooms. Each unit features an open layout, high ceilings, stainless steel appliances, sleek cabinetry, and tiled finishes. Multiple balconies are included across the residences, along with a gated entry and a spacious backyard. For parking, the property has three garages and five additional guest parking spaces. Separate utility meters are provided for each unit, supporting convenient management and tenant-level billing. Zoning is listed as LARD1.5.

    The asset is located at 1805 S New England St in Los Angeles, CA 90006. The listing notes proximity to USC, Downtown LA, Koreatown, and Echo Park, as well as access to major freeways and nearby job centers.

    With three garages, additional guest parking, and unit layouts built around large bedroom counts, this fourplex is well suited to tenants seeking newer construction and multiple outdoor spaces. The separate utility metering can also simplify operations for an owner planning to re-lease all units upon closing. Given the current fully vacant delivery, buyers have the opportunity to set up their preferred leasing and rent structure for the four residences.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.288003
    Latitude
    34.041144

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    FAQs

    What type of property is this?
    Quadplex - Built in 2020–2021 and delivered fully vacant, featuring four spacious 5-bedroom layouts with separate utility meters.
    Where is this quadplex located?
    The property is located at 1805 S New England St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,875,000.
    What are key features of this property?
    This property features: Fourplex built in 2021 (three 5 bed/5 bath units and one 5 bed/4 bath unit).; Delivered fully vacant for immediate possession and re‑leasing.; Central heating and central air across the property.
    (310) 402-9161
    We can help!
    Listing Contact
    Arash Pashaei
    Real Estate License ID: 02024961
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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