3038 Casitas Avenue, Los Angeles, CA 90039

$2,750,000

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List Price
$2,750,000
Status
ACTIVE
MLS#
PW26187068
Year Built
2026
Lot Size
5,400
Acres
0.12
Lot Location
Back Yard, Front Yard
Days on Market
8
Property Type
Multifamily
Style
Modern
Property Sub Type
Triplex
Stories
Two Levels

Property Description

Introducing 3038- 3040 1/2 W Casitas Ave, a brand new 2026 construction triplex offering a rare combination of modern living, strong income potential, and exceptional flexibility in one of Los Angeles’ most desirable locations. Delivered 100% vacant and not subject to rent control, the property gives its next owner the opportunity to immediately establish market rents, select their own tenants, or take advantage of an ideal house hack opportunity, live in one unit while generating rental income from the other two. The property features an impressive 12 bedrooms and 9 bathrooms across approximately 3,561 SF, with a highly desirable unit mix consisting of a spacious 5-bedroom/4-bath front residence, a 4-bedroom/3-bath unit, and a 3-bedroom/2-bath unit. The large bedroom counts provide excellent rental flexibility and strong income potential for both investors and owner-users. Designed with long term ownership in mind, each residence is individually metered for water, gas, and electricity, helping simplify utility management and minimize owner paid expenses. Each unit also includes in-unit laundry hookups, while the property features solar panels, two garage spaces and additional on-site parking. Brand-new construction provides the added benefit of modern building systems and potentially lower near term maintenance compared with older multifamily inventory. The location further sets 3038 W Casitas apart. Positioned in Atwater Village near the Los Angeles River, the property offers convenient access to the neighborhood’s popular restaurants, cafés, shops and recreation while placing residents just minutes from Silver Lake, Glendale and Downtown Los Angeles. Whether acquired as a turnkey multifamily investment, owner-occupied income property, or multi-generational living opportunity, 3038 W Casitas Ave offers the increasingly difficult to find combination of new construction, vacant delivery, 12 bedrooms, strong income potential, separate utilities and a prime Los Angeles location.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Asphalt, Flat
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$170,400
Operating Expense
4500

Listing courtesy of Listing Agent: Cesar Vasquez (cesar@kasere.com) from Listing Office: Kase Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.