137 E 119th Street
Los Angeles, CA 90061
22
Bed
24
Bath
7,890Sqft
8,689Sqft(Lot)
We are pleased to present 137 E 119th Street, a newly constructed four-unit multifamily property in South Los Angeles, this non-rent-controlled asset offers a rare opportunity in a rapidly growing and supply-constrained rental market. Upon stabilization at market rents, the property is projected to generate a7.5%-8.0% cap rate, supported by strong income performance and efficient long-term operations. The property consists of two three-story 7-bed / 7.5-bath townhome-style units and two two-story 4-bed / 4.5-bath units. Each residence is designed to accommodate large households, co-living arrangements, or institutional tenancy. Units feature modern kitchens, in-unit laundry, and quality finishes, offering a fully turnkey, lease-ready product with strong renter appeal. An additional bonus r
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 22Bathroom Information
Total Baths: 24 -
Interior Features
RecessedLightingAppliances: Dishwasher, Microwave, Oven, Range, RefrigeratorWindow Features: Blinds, DoublePaneWindows -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2025Building Area Total: 7890Private Pool: No
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Lot Information
Lot Dimensions: 62x139 Main Square Feet: 8689 Lot Size Acres: 0.1995 Lot Size Square Feet: 8,689
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Listing Price Information
Listing Price: $2425000Cash, Conventional, FHA, FreddieMac
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Tax Information
Parcel Number: 6083025022
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Virtual Tour
Parking Information
Parking Total: 8 Driveway, Gated, PrivateGarage Information
Has Attached Garage: Yes
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Location Information
Direction: Exit 105 E to S Vermont, Left on 120th Street, Left on Main Street, Right on 119th Street Security Features: FireDetectionSystem,FireSprinklerSystem,GatedCommunity,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10970 Avalon Boulevard, Los Angeles, CA, 90061 | $699,990 | 4 | 3 | 1,805 | 1,805 SqFt |
| 442 E 111th, Los Angeles, CA, 90061 | $525,000 | 2 | 2 | 1,200 | 1,200 SqFt |
| 11154 Towne, Los Angeles, CA, 90061 | $615,000 | 3 | 2 | 955 | 955 SqFt |
| 10811 S San Pedro Street, Los Angeles, CA, 90061 | $639,000 | 2 | 2 | 980 | 980 SqFt |
| 442 E 118th Street, Los Angeles, CA, 90061 | $1,885,000 | 16 | 9 | 6,677 | 6,677 SqFt |
| 445 E 119th Street, Los Angeles, CA, 90061 | $674,900 | 3 | 2 | 1,200 | 1,200 SqFt |
| 451 E 124th, Los Angeles, CA, 90061 | $630,000 | 2 | 1 | 1,357 | 1,357 SqFt |
| 423 E 127th Street, Los Angeles, CA, 90061 | $940,000 | 5 | -- | 2,357 | 2,357 SqFt |
| 11415 Link Street, Los Angeles, CA, 90061 | $525,000 | -- | -- | -- | |
| 151 W 110th Street, Los Angeles, CA, 90061 | $699,000 | 3 | 2 | 1,376 | 1,376 SqFt |
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ByOwner last updated this listing 07/25/2026 @ 20:29
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