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137 E 119th Street Los Angeles, CA 90061
$2,425,000 22 beds, 24 baths
7, 890 sqft
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Photo of Cammy Pinoli

Cammy Pinoli REALTORĀ® - Sales Associate 805-452-9725 m
805-688-1794 o
Lic#: 02074002
NRDS ID: 201000313
cammypinoli@bhhscal.com
Text Me
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Lic#: 02074002
NRDS ID: 201000313
cammypinoli@bhhscal.com
Santa Ynez Valley Office
2933 San Marcos Ave, Suite 102
Los Olivos, CA 93441
Phone: 805-688-1794
Fax: 805-688-5970
Santa Ynez Valley 2933 San Marcos Ave, Suite 102
Los Olivos, CA 93441
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Agent Remarks

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 recreation room provides expanded functional space, enhancing livability and increasing overall utility for tenants. Constructed for long-term ownership, the asset includes separately metered utilities and solar, reducing operating expenses and minimizing ongoing maintenance requirements. The townhome-style configuration enhances privacy and livability while maximizing rentable square footage and overall income efficiency. Delivered 100% vacant, 137 E 119th Street is well suited for a range of investment strategies, including traditional long-term hold, co-living operations, or master lease structures. With new construction quality, efficient systems, and strong underlying rental fundamentals, the asset offers a compelling opportunity for durable income and long-term appreciation. Located in South Los Angeles with strong rental demand driven by proximity to major employment and entertainment hubs. Minutes from SoFi Stadium, Kia Forum, and Hollywood Park, a growing mixed-use destination with retail, dining, and entertainment. Convenient access to the 105 & 110 Freeways and close to LAX, supporting strong connectivity for tenants. Positioned within a high-growth corridor benefiting from ongoing development and infrastructure investment in South Bay and Inglewood.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26834197
List price is $2,425,000
Beds: 22
Baths: 24
Built in 2025
7,890 sqft
0.20 acres
Lot size: 0.1995
County: Los Angeles
Zoning: LAR2
Interior features: Recessed Lighting
Appliances: Dishwasher,Microwave,Oven,Range,Refrigerator
Parking description: Driveway,Gated,Private
Heating/cooling: Central Air
Heating description: Central
MLS area: C37 - Metropolitan South

Last Updated: 7/7/2026

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.924927, -118.272583.
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Listing Agent: Nabil Awada
Lic#: 02074002
Office Name: Santa Ynez Valley

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Cammy Pinoli

Cammy Pinoli REALTORĀ® - Sales Associate 805-452-9725 m
805-688-1794 o
Lic#: 02074002
NRDS ID: 201000313
cammypinoli@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 02074002
NRDS ID: 201000313
cammypinoli@bhhscal.com

Santa Ynez Valley Office
2933 San Marcos Ave, Suite 102
Los Olivos, CA 93441
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