1571 Ricardo
Los Angeles, CA 90033
15
Bed
15
Bath
7,498Sqft(Lot)
Brand-new 2026 construction 4-unit income property in the heart of Boyle Heights, one of LA's fastest-appreciating eastside markets. Offered at $3,100,000, this townhome-style fourplex delivers $16,775/month ($201,300/year) in projected gross income with a strong unit mix: a 5bd/5ba (1,885 SF), a 4bd/4ba plus bonus room (1,975 SF), and two 3bd/3ba units (1,440 & 1,540 SF) — 6,840 SF total. Every unit features its own private rooftop deck with city views and 2 dedicated parking spaces, plus 8 additional spaces at the rear. The property is fully separately metered with 4 individual water meters — tenants pay their own water and power, keeping owner expenses minimal. As new construction, the property is exempt from LA rent control (subject only to statewide AB 1482 rules). Projected NOI of $1
Property Details
Map
Map
What's Nearby
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Features
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Heating & Cooling
Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2026Building Area Total: 8000Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7498 Lot Size Acres: 0.1721 Lot Size Source: Assessor Lot Size Square Feet: 7,498 Lot Description: Yard
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Listing Price Information
Listing Price: $2995000Cash, CashToNewLoan, Conventional, Exchange1031
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Tax Information
Parcel Number: 5202015022 Tax Lot: 22 Tax Block: 16
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Parking Information
Parking Total: 4Garage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: Near Soto Street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1642 Murchison St, Los Angeles, CA, 90033 | $2,295,000 | 20 | 20 | -- | 7,494 Sq. Ft |
| 1621 Murchison, Los Angeles, CA, 90033 | $950,000 | 3 | 2 | -- | 7,498 Sq. Ft |
| 1651 Tremont, Los Angeles, CA, 90033 | $950,000 | 3 | 2 | -- | 7,497 Sq. Ft |
| 2426 Medford, Los Angeles, CA, 90033 | $599,000 | 2 | 2 | 808 | 2,500 Sq. Ft |
| 2737 Pomeroy St, Los Angeles, CA, 90033 | $825,000 | 7 | 4 | -- | 7,994 Sq. Ft |
| 2814 Wabash Avenue, Los Angeles, CA, 90033 | $950,000 | 7 | 2 | 2,184 | 5,917 Sq. Ft |
| 2731 Wabash Avenue, Los Angeles, CA, 90033 | $699,000 | 4 | 2 | -- | 7,434 Sq. Ft |
| 2740 Fairmount, Los Angeles, CA, 90033 | $1,299,000 | 2 | 2 | 2,800 | 5,839 Sq. Ft |
| 1031 N Fickett, Los Angeles, CA, 90033 | $729,000 | 1 | 1 | -- | 3,682 Sq. Ft |
| 2843 Folsom, Los Angeles, CA, 90033 | $3,199,500 | 20 | 20 | -- | 5,845 Sq. Ft |
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Nearby For Sale
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ByOwner last updated this listing 10/03/2026 @ 20:46
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