Newly Built Apartment
For Sale
$4,500,000
351 S State, Los Angeles, CA 90033
Los Angeles, CA
Property SizeContact for details
Lot Size0.19 Acres
Days on Market51
Property Features for 351 S State
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 2, Laundry Room, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 4, Bathroom 6, Bathroom 7, Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 5
Parking
8
Lot features
0-1 Unit/ Acre
Directions
turn north on state st from east 4th st
Subdivision
BOYH - Boyle Heights
Standard status
Active
APN
5174019047
Lot size
0.19 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Ductless (Heating)
Cooling system
Ductless, Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
3
Number of units
6
Listing Agency:
eXp Realty of Greater Los Angeles
(888) 652-1314
Listed By:
Steven Gray · License #02194905
(213) 570-9275
Added: Jul 15
Changed: Sep 2
Last Checked: Sep 3 at 11:06PM
MLS# PW26156984
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 2024, this apartment building contains seven bedrooms and seven bathrooms, along with a laundry room. The property is situated on 0.1874 acres and includes central and ductless heating and cooling systems, public water, public sewer, and phone availability.
The building reached full occupancy in 2025 under a corporate master lease structure. The property may continue under the existing lease arrangement or be delivered vacant for a different leasing or operating plan. Located at 351 S State Street in Los Angeles, the asset is identified within Boyle Heights.
The building reached full occupancy in 2025 under a corporate master lease structure. The property may continue under the existing lease arrangement or be delivered vacant for a different leasing or operating plan. Located at 351 S State Street in Los Angeles, the asset is identified within Boyle Heights.
Key Highlights
- Seven‑bedroom, seven‑bathroom apartment building completed in 2024
- Full occupancy reached in 2025
- Corporate master lease structure currently in place
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,264
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-bedroom, seven-bathroom configuration with current corporate master lease occupancy.
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 $4,500,000.
What are key features of this property?
This property features: Seven‑bedroom, seven‑bathroom apartment building completed in 2024; Full occupancy reached in 2025; Corporate master lease structure currently in place
