1571 Ricardo

Property feature image
Address: 1571 Ricardo St, Los Angeles, CA 90033, USA
California & West + 2-4 Units
Created date: September 30, 2026
Date last updated: October 3, 2026
Price: $2,995,000Investment Analyzer NEW!

Property 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.
Availabletick-green

Request Information

Broker Details

Danny Navarro
Danny Navarro

Century 21 Allstars (562) 205-3504 MLS ID: DWNAVDAN State License Number: 01938421

New call-to-action

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $2,995,000
No. of Units: 4
Year Built: 2026
Opportunity Zone: No
Price per unit: $748,750
Number of Bedrooms: 15
Number of Bathrooms: 15
Address: 1571 Ricardo St, Los Angeles, CA 90033, USA
Provided by:
Standard Status: Active
MLS Listing Number: DW26212568
ID: 3yd-MRMLSCA-DW26212568
Copyright Disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1662 S Hayworth Ave

1662 S Hayworth Ave

Los Angeles, California
California & West + 2-4 Units
Units: 4
Price: $1,799,000
528 Cottage Lane

528 Cottage Lane

Big Bear Lake, California
California & West + 2-4 Units
Units: 4
Price: $719,000
85 Royale Avenue

85 Royale Avenue

Lakeport, California
California & West + 2-4 Units
Units: 2
Price: $459,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up