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4-Unit Quadplex

135 E 119th, Los Angeles, CA 90061

For Sale
$2,579,000

Fully occupied residential income property with tenant-paid utilities and a recently executed lease.

Property Size8,448 SF
Price / SF$305.28
Days on Market55

Property Features for 135 E 119th

General Information

Standard status Active
Size 8,448 SF
Property subtype Quadruplex
Occupancy 100%
Net Operating Income $220,883

Financials

Asking Price $2,579,000
Cap Rate 8.56%
Gross Income $276,000

Site & Location

Neighborhood Broadway-Manchester

Additional Details

Multifamily Units 4
Tenant in Place Yes

Building Details

Building Size 8,448 SF
Year Built 2026
Listing Agency: Justin White
Listed By: Justin White · License #01267826
Source: Shimrealestate
Added: Sep 15 Changed: Nov 7 Last Checked: Nov 7 at 5:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Justin White

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Investment Insights

Based on property information with market context.

This 4-unit residential property contains 8,448 square feet and was built in 2026. It is fully occupied under a recently executed lease, with utilities paid by the tenant. The reported in-place cap rate is 8.56%. Located at 135 E 119th in Los Angeles, the property is offered as a quadplex investment.

Key Highlights

  • Four‑unit multifamily property with 8,448 square feet
  • Built in 2026
  • Fully occupied under a recently executed lease

Property Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

Demographics for 90061, CA

29,570
Population
8,300
Households
3.6
Avg Household Size
32
Median Age
12%
College-Educated
61%
High-School Grad
2.7 sq mi
ZIP Area
10,952
Density / Sq Mi
$60,114
Median Household Income
$34,963
Median Earnings
$1,498
Median Rent
$576,400
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Los Angeles, CA

$423 Jul
$416 Aug
$403 Sep
$420 Oct

Properties on Market for Quadplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential income property with tenant-paid utilities and a recently executed lease.
Where is this quadplex located?
The property is located at 135 E 119th Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,579,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 8,448 square feet; Built in 2026; Fully occupied under a recently executed lease
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