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Townhome-Style Fourplex with Rooftop Decks
New
For Sale
$2,995,000

1571 Ricardo, Los Angeles, CA 90033

Los Angeles, CA

Property Size6,840 SF
Lot Size0.17 Acres
Price / SF$437.87
Days on Market3

Property Features for 1571 Ricardo

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 15
Bathrooms 15
Full bathrooms 15
Rooms Bathroom 13, Bedroom 7, Bedroom 12, Bathroom 7, Bedroom 10, Bathroom 9, Bedroom 15, Bathroom 1, Bedroom 8, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 11, Bedroom 3, Bathroom 5, Bathroom 11, Bathroom 8, Bathroom 10, Bathroom 2, Bedroom 2, Bathroom 12, Bedroom 9, Bathroom 4, Bathroom 6, Bedroom 13, Bathroom 14, Bedroom 1, Laundry Room, Bathroom 15, Bedroom 14
Parking 4
Lot features Yard
Directions Near Soto Street
Subdivision BOYH - Boyle Heights
Standard status Active
APN 5202015022
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

private rooftop deck

Building Details

Year built 2026
Floors in Building 3
Number of units 4
Listing Agency: Century 21 Allstars · Century 21 Real Estate
Listed By: Danny Navarro · License #01938421
Added: Sep 29 Changed: Oct 1 Last Checked: Oct 1 at 4:06PM
MLS# DW26212568

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2026, this four-unit property is arranged in a townhome-style configuration and totals 6,840 square feet on a 0.1721-acre lot. The unit mix includes one 5-bedroom, 5-bathroom residence at 1,885 square feet; one 4-bedroom, 4-bathroom residence with a bonus room at 1,975 square feet; and two 3-bedroom, 3-bathroom residences measuring 1,440 and 1,540 square feet. Each unit has a private rooftop deck and two dedicated parking spaces, with eight more spaces at the rear. Central air, public water and sewer, and four individual water meters are in place. Tenants pay their own water and power.

The property is in Boyle Heights, with LAC+USC Medical Center, the USC Health Sciences Campus, the Arts District, Downtown Los Angeles, Metro Gold Line service, and several major freeways described as minutes away. The source remarks state that the new construction is exempt from Los Angeles rent control and subject to statewide AB 1482 rules.

Key Highlights

  • Four units totaling 6,840 square feet; built in 2026
  • Unit mix: 5bd/5ba at 1,885 SF; 4bd/4ba plus bonus room at 1,975 SF; two 3bd/3ba units at 1,440 and 1,540 SF
  • Private rooftop deck and two dedicated parking spaces for each unit, plus eight rear spaces

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,515
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four newly built residences include individual rooftop outdoor space and separately metered water service.
Where is this quadplex located?
The property is located at 1571 Ricardo Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Four units totaling 6,840 square feet; built in 2026; Unit mix: 5bd/5ba at 1,885 SF; 4bd/4ba plus bonus room at 1,975 SF; two 3bd/3ba units at 1,440 and 1,540 SF; Private rooftop deck and two dedicated parking spaces for each unit, plus eight rear spaces
More about this property
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