Property listed by The Oppenheim Group, Inc., Parker Evans 310-990-6656
$1,100,000
Vacant Lot. RTI APPROVED. SHOVEL READY ONCE PERMITS ARE PAID. Total 5 units New construction income property in a prime Mid-City Los Angeles. The project consists of two duplexes and one ADU, thoughtfully designed for long-term durability, strong rental demand, and efficient operations. The unit mix includes two 4-bedroom /… Read More 3-bath residences, two 3-bedroom / 3-bath residences, and 1 Attached ADU, 3-bedroom / 2-bath residence, totaling 17 bedrooms and 14 bathrooms. Projected rents reflect a compelling income profile for a newly built asset. Each unit is designed with separate water, gas, and electric meters, in-unit washer/dryer hookups, and solar panels to reduce operating costs and improve energy efficiency. Modern finishes, open floor plans, and durable materials make the property ideal for investors seeking low-maintenance, long-term cash flow. Located west of the 10 Freeway near Culver City, West Adams, and Mid-Wilshire, the property sits in a rapidly improving neighborhood surrounded by 32 new developments and popular local destinations such as Mizlala, Alta Adams, and Highly Likely Caf. This is a rare opportunity to develop new construction in one of Los Angeles' most central and well-connected submarkets, offering strong rental demand and meaningful long-term upside. Read Less
Listing Snapshot
Days Online
105
Last Updated
Beds
17
Square Ft.
6,239
Lot Size
0.14 Acres
Year Built
2026
MLS Number
25617771
Additional Details
Appliances & Equipment
Microwave
Building
Built in 2026, Living area: 6239.0, 2 buildings, Building faces North, 3 stories, Levels: MultiSplit
Cooling
CentralAir
Heating
Central
Income
Gross Income: $270,000, Net Operating Income: $214,200
Lot
0.1394 acres, Dimensions: 45x135
Parking
4 total parking spaces
Taxes
Parcel Number: 5063012067, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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