1571 Ricardo Los Angeles, CA 90033
Listing Courtesy of: CRMLS / Listed By: Danny Navarro, Century 21 Allstars - Contact:  949-903-6633

  1571 Ricardo Los Angeles, CA 90033

Active (0 Days)
$2,995,000 (USD)

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 construction = no LA rent control (AB 1482 only). Turnkey investment at $3,100,000. Buyer to verify all figures.

MLS #:
DW26212568
Lot Size
7,498 SQFT
Type
Multifamily
Year Built
2026
County
Los Angeles County

Listed By

Danny Navarro, DRE #01938421 CA, Century 21 Allstars, Contact: 949-903-6633
Source
CRMLS
Last checked Sep 30 2026 at 5:27 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
  • Laundry: Electric Dryer Hookup
Lot Information
  • Yard
Heating and Cooling
  • Central Air
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Additional Information: Allstars | 949-903-6633
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {9/29/26 22:27} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.