Massive $300K Price Reduction—Now $3.5M! Presenting an unmatched investment opportunity on 3rd Street, just off the I-10 freeway in one of LA’s hottest, high-growth neighborhoods. At 90% complete (images for completion reference only), this new construction boasts one of the highest CAP rates in LA County at 7.23%—a rare find for a modern multi-family asset. Featuring six premium units—two 6-bed/5-bath, two 5-bed/5-bath, and two 2-bed/1-bath ADUs—all individually metered with solar panels and smart tech for maximum efficiency and profitability. Also available as a separate $1.75M parcel (parcel #5180004008) as a duplex + ADU. With prime access to Downtown LA, Santa Monica, and Culver City, this turnkey property promises strong cash flow, tenant demand, and long-term appreciation. Act now—opportunities like this don’t last!
Sold for $3,575,000
Zillow last checked:
Listing updated:
Bought with:
Armand Martinez, DRE #01090179
Century 21 Masters
Source: CRMLS,MLS#: DW25056319
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $3,575,000+2.1%$377/sqft |
Source:  CRMLS #DW25056319 Report a problem | ||
| 4/16/2025 | Pending sale | $3,500,000$370/sqft |
Source: CRMLS #DW25056319 Report a problem | ||
| 3/24/2025 | Price change | $3,500,000-7.9%$370/sqft |
Source: CRMLS #DW25056319 Report a problem | ||
| 2/25/2025 | Listed for sale | $3,800,000+442.9%$401/sqft |
Source: CRMLS #SB25039497 Report a problem | ||
| 4/5/2022 | Sold | $700,000$74/sqft |
Source: Public Record Report a problem | ||
| 3/4/2022 | Pending sale | $700,000$74/sqft |
Source: CRMLS #DW22043639 Report a problem | ||
| 3/4/2022 | Listed for sale | $700,000$74/sqft |
Source: CRMLS #DW22043639 Report a problem | ||
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Estimated market value
$1,585,700
