351 S State Los Angeles, CA 90033
Triplex - Los Angeles, CA
Type:Triplex
Property size:
10,137 SFLot size:
8,161.00 AcresPrice / SF:
$493/SF- Added:
- Feb 2, 2026
- Days on Market:
- 89
- Last Refresh:
- May 2 at 2:06 pm
Property Features for 351 S State
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Property condition
- New Construction
- Bedrooms
- 7
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 8
- Parking features
- Carport, Driveway
- Interior features
- None
- Exterior features
- Community Features Included: Curbs, Urban, Sidewalks, 0-1 Unit/Acre
- Appliances
- Oven - Convection, Range, Refrigerator
- Standard status
- Active
- APN
- 5174019047
- Size
- 10,137 SF
- Lot size
- 8,161.00 Acres
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless
Building Details
- Year built
- 2024
- Floors in Building
- 3
- Number of units
- 6
- Roof type
- Flat
- Architectural style
- Other
Listing agent Steven Gray License #02194905 (213) 570-9275
Listing office eXp Realty of Greater Los Angeles 303 N. Glenoaks Blvd Ste. 200, Burbank, CA (888) 652-1314
Listing date Feb 2, 2026
MLS# PW26019991
Listing URL
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.
Overview
Newly Constructed Multifamily Asset
Located in the Boyle Heights neighborhood of Los Angeles, this newly constructed multifamily property was completed in 2024 and is expected to reach full occupancy in 2025. The property is currently stabilized and generating approximately $25,000 per month in rental income under a corporate lease structure. The property, situated on a lot of 0.187 acres, contains 10,137 square feet of space. The asset features contemporary, ground-up construction with a modern aesthetic. The exterior showcases clean lines, a neutral color palette, and large windows. Interior units feature open and efficient floor plans, wide-plank flooring throughout living areas, modern kitchens with flat-panel cabinetry, solid-surface countertops, and full appliance packages, updated bathrooms with large-format tile surrounds and contemporary fixtures, recessed lighting and modern hardware, and bright bedrooms with oversized windows and clean finishes. The overall design is functional, modern, and well-suited for furnished or semi-furnished occupancy. The property is suited for corporate housing, workforce housing, or student housing. A future owner may elect to maintain the existing corporate lease for stable income or take delivery vacant, allowing for repositioning or alternative leasing strategies.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2186291
- Latitude
- 34.043624
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Newly constructed multifamily asset in Boyle Heights, Los Angeles.
Where is this apartment building located?
The property is located at 351 S State Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Newly constructed (2024) multifamily asset in Boyle Heights.; Currently generating approximately $25,000 per month in rental income under a corporate lease.; Suited for corporate, workforce, or student housing with flexible exit options.
