Property Detail

2419 3rd

Los Angeles CA 90033

$3,800,000

Status: Active

Property Details

Description

Please note: Project is 85% complete; images are for completion reference only. Presenting an unparalleled investment opportunity on 3rd Street, strategically positioned just off the I-10 freeway in one of Los Angeles’ most dynamic and rapidly appreciating neighborhoods. This property is also available as a separate parcel (parcel number 5180004008) for $1.9 million, featuring a single duplex plus an ADU—offering investors a flexible entry point into this high-demand market while leveraging its prime location and modern design. The full development includes six meticulously designed units: two expansive 6-bedroom, 5-bathroom units, two 5-bedroom, 5-bathroom units, and two efficient 2-bedroom, 1-bathroom ADUs. Each unit is individually metered, ensuring streamlined management and reduced utility expenses for the owner. Equipped with advanced solar panels and sustainable building materials, this property offers energy-efficient operation, lowering costs and enhancing profitability. Boasting a pro forma cap rate of 6.67%—a rarity in the Los Angeles market—this asset delivers strong cash flow potential and significant long-term value. Its prime location offers seamless access to Downtown Los Angeles, Santa Monica, and Culver City, with trendy cafes, top schools, and employment hubs nearby—ensuring strong tenant demand and premium rents. The diverse unit mix, modern amenities like smart home technology, and high-end finishes attract renters while minimizing upkeep. With projected rental income poised for growth and opportunities for value-add strategies, this turnkey asset is ideal for investors seeking both immediate returns and long-term upside. With LA’s multi-family demand soaring and this property’s modern design and prime location, it’s poised for substantial resale value down the line. Opportunities like this—new construction with a 6.67 cap rate in a high-growth LA market—are vanishingly rare, making this a must-act-now investment. Acquire prior to the certificate of occupancy, and solar tax credits may be available to the buyer (consult a tax advisor; seller makes no guarantees). Secure this standout property and position your portfolio for success in LA’s thriving real estate landscape.

Map Location

Listing provided courtesy of Maria Moreno of Regional Real Estate. Last updated 2025-03-15 08:11:43.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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