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Listed by Century 21 Allstars, Danny Navarro, Listing Contact: 949-903-6633

$2,995,000

1571 Ricardo, Los Angeles CA, 90033

Price per sqftN/A
Built in2026
Property typeResidential

Overview

Active

Listed Sep 29, 2026

Updated 3 days ago

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 +

$19,926/mo

Est. mortgage payment based on a $2,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRDW26212568

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Garage
Yes

Also listed on CRMLS

MLS provider logo

Listed by Century 21 Allstars, Danny Navarro DRE:01938421,
Listing Contact: 949-903-6633 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tim Allen Pebble Beach Lots shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:07 AM UTC, 10/4/2026

 

 

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