835 E 33rd Street

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Source: California Regional MLS

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BB42064 • BB42774

835 E 33rd St is a brand-new construction 4-unit townhome community in the heart of South Los Angeles, just minutes from USC, Exposition Park, and Downtown Los Angeles. Comprised entirely of spacious townhome-style units with a mix of two- and three-level layouts, the property offers strong in-place income with additional upside, projecting a 6.35% pro forma cap rate and 12.70 pro forma GRM. This vacant asset is ideal for an investor seeking a lease-up opportunity with modern construction, clean operating characteristics, and no deferred maintenance. The location places tenants near one of LA’s strongest demand corridors, with convenient access to the University of Southern California, Exposition Park’s museums and attractions, BMO Stadium, the LA Memorial Coliseum, and the Metro Expo Park/USC station for easy connectivity throughout the city. Each unit features brand-new finishes and appliances, open-concept floor plans, and the highly desirable townhome layout that gives residents a more private, single-family-home feel. With approximately 5,722 square feet of building area, the property includes four large residences and six total parking spaces, making it a compelling offering for investors targeting newer construction product in a centrally located rental market. Positioned near the 10 and 110 Freeways and just south of Downtown, 835 E 33rd St offers tenants convenient access to major employment centers, entertainment, dining, and public transit, supporting long-term rental demand in this evolving submarket.

835 E 33rd Street, Los Angeles, CA 90011

Market Report for 90011

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