1571 Ricardo, Los Angeles, CA 90033
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$ 2,995,000
Est. payment | /mo

15 Beds

15 Baths

7,498 Sqft Lot


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$ 2,995,000
Est. payment | /mo
Save

15 Beds

15 Baths

7,498 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26212568

Bedrooms 15

Lot Size 7,498 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 $131,048. Minutes from LAC+USC Medical Center and USC Health Sciences Campus a major rental demand driver plus the Arts District, Downtown LA, Metro Gold Line, and major freeways (5, 10, 60, 101). Turnkey, low-maintenance asset ideal for investors seeking new-build quality, strong rents, and long-term Boyle Heights growth. All figures estimates; buyer to verify. Short version (~560 characters): Brand-new 2026 fourplex in prime Boyle Heights! Four townhome-style units 5bd/5ba, 4bd/4ba + bonus, and two 3bd/3ba 6,840 SF total, each with a private rooftop deck and 2 parking spaces (plus 8 extra in rear). Separately metered with 4 individual water meters tenants pay their own water & power. $16,775/mo projected income. Minutes to LAC+USC Medical Center, DTLA, Arts District, and Metro. New cons

Location

State CA

County Los Angeles

Zoning Assessor

Direction Near Soto Street

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5202015022

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Danny Navarro, DRE#01938421 Century 21 Allstars 

Schools and Properties Nearby

Ana Algarin

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1571 Ricardo