New Four-Unit Multifamily
For Sale
$2,425,000
137 E 119th Street, Los Angeles, CA 90061
Newly constructed, non-rent-controlled four-unit property delivered 100% vacant in South Los Angeles.
Property Size7,890 SF
Price / SF$307.35
Days on Market125
Property Features for 137 E 119th Street
General Information
Standard status
Active
Size
7,890 SF
Property subtype
Multi-family
Additional Details
Cap Rate
8%
Highway Access
Yes
Multifamily Units
4
Building Details
Year Built
2025
Tenancy
Multi
Listing Agency:
Matthews Real Estate Investment Services
Listed By:
Nabil Awada · License #02046840
(866) 889-0550
Source:
Sevengables
Added: May 2
Changed: Sep 3
Last Checked: Aug 6 at 8:05AM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
137 East 119th Street is a newly constructed four-unit multifamily property in South Los Angeles. The asset is non-rent-controlled and has been delivered 100% vacant, providing flexibility for an investor or operator to establish tenancy. It was developed with modern construction as part of the property’s recent build-out.
The property is positioned in a high-growth rental demand area with convenient access to the 105 and 110 Freeways. It is also minutes from SoFi Stadium, Kia Forum, and Hollywood Park, locations associated with a mixed-use retail, dining, and entertainment environment. Connectivity is further supported by proximity to LAX.
As a four-unit investment, the building offers a straightforward structure for long-term income generation, with current occupancy readiness given the vacant delivery status.
The property is positioned in a high-growth rental demand area with convenient access to the 105 and 110 Freeways. It is also minutes from SoFi Stadium, Kia Forum, and Hollywood Park, locations associated with a mixed-use retail, dining, and entertainment environment. Connectivity is further supported by proximity to LAX.
As a four-unit investment, the building offers a straightforward structure for long-term income generation, with current occupancy readiness given the vacant delivery status.
Key Highlights
- Newly constructed 4‑unit multifamily property (Year Built 2025) in South Los Angeles
- Non‑rent‑controlled asset delivered 100% vacant
- Investment‑ready for multiple strategies, including long‑term hold, co‑living, or master lease structures
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Newly constructed, non-rent-controlled four-unit property delivered 100% vacant in South Los Angeles.
Where is this quadplex located?
The property is located at 137 E 119th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,425,000.
What are key features of this property?
This property features: Newly constructed 4‑unit multifamily property (Year Built 2025) in South Los Angeles; Non‑rent‑controlled asset delivered 100% vacant; Investment‑ready for multiple strategies, including long‑term hold, co‑living, or master lease structures
