4-Unit Townhome-Style
1571 Ricardo, Los Angeles, CA 90033
For Sale
$2,995,000
Los Angeles, CA
Property Size6,840 SF
Lot Size0.17 Acres
Price / SF$437.87
Days on Market47
Property Features for 1571 Ricardo
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Individually Metered Utilities
Utilities
Sewer type
Cooling system
Water source
Amenities
private rooftop deck
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Century 21 Allstars · Century 21 Real Estate
(562) 863-2121
Listed By:
Danny Navarro · License CA #01938421
(949) 903-6633
Added: Sep 29
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
Completed in 2026, this four-unit property is configured in a townhome style. The mix includes one 5-bedroom, 5-bathroom residence; one 4-bedroom, 4-bathroom residence with a bonus room; and two 3-bedroom, 3-bathroom residences. Each unit has a private rooftop deck and two dedicated parking spaces. Eight additional parking spaces are located at the rear.
The property occupies 0.1721 acres at 1571 Ricardo in Los Angeles. It is separately metered, with four individual water meters, and the units have central air. Public water and public sewer serve the property. Nearby destinations identified include LAC+USC Medical Center, the USC Health Sciences Campus, the Arts District, Downtown Los Angeles, Metro Gold Line service, and major freeways.
The property occupies 0.1721 acres at 1571 Ricardo in Los Angeles. It is separately metered, with four individual water meters, and the units have central air. Public water and public sewer serve the property. Nearby destinations identified include LAC+USC Medical Center, the USC Health Sciences Campus, the Arts District, Downtown Los Angeles, Metro Gold Line service, and major freeways.
Key Highlights
- Four‑unit property completed in 2026
- Unit mix: one 5bd/5ba, one 4bd/4ba with bonus room, and two 3bd/3ba residences
- Private rooftop deck and 2 dedicated parking spaces for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,451
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,389,020
$2.4M
Cap Rate 7%
$1,706,443
$1.7M
Cap Rate 9%
$1,327,233
$1.3M
Market Conditions
NOI Build-Up for 6,840 SF
Gross rent
$184.7K $27.00/SF
− Vacancy
−$14.0K −$2.05/SF
EGI
$170.6K $24.95/SF
− OpEx
−$51.2K −$7.48/SF
NOI
$119.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,389,020
Cap Rate 7%
$1,706,443
Cap Rate 9%
$1,327,233
Alternative Uses
Best Use
Multifamily LT 5
$1.71M
$1.49M – $1.99M
NOI $119,451 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$1.57M
$1.38M – $1.83M
NOI $110,061 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$2.86M
$2.50M – $3.33M
NOI $199,905 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,515
Businesses Nearby
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Business Placement
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
$669,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a private rooftop deck and two dedicated parking spaces, with eight additional spaces at the rear.
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‑unit property completed in 2026; Unit mix: one 5bd/5ba, one 4bd/4ba with bonus room, and two 3bd/3ba residences; Private rooftop deck and 2 dedicated parking spaces for each unit
