USACALos Angeles351 S State St
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351 S State St, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$5,000,000

008

MLS® PW26019991

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 73
Lot Size 
Approx. Age 2024
MLS® Number PW26019991

Property Address: 351 S State St, Los Angeles, CA, 90033-3824

Average square foot calculated using Size range provided by listing agent.

Description

This property is part of a 3 property portfolio, see MLS#PW26019993, and MLS#PW26019990 351 S State Street is a newly constructed, income-producing multifamily asset located in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Completed in 2024 and reaching full occupancy in 2025, the property is currently stabilized and generating approximately $25, 000 per month in rental income under a corporate lease structure, offering immediate and reliable cash flow. The property is ideally suited for corporate housing, workforce housing, or student housing, with flexible exit optionality. A future owner may elect to maintain the existing corporate lease for stable income or take delivery vacant, allowing for repositioning or alternative leasing strategies. Architecture & Design The asset features contemporary, ground-up construction with a modern aesthetic throughout. The exterior showcases clean lines, a neutral color palette, and large windows that provide abundant natural light across all residential spaces. Durable materials and low-maintenance finishes were selected to support long-term ownership efficiency. Interior units, as reflected in the photos, are thoughtfully designed with: Open and efficient floor plans Wide-plank flooring throughout living areas Modern kitchens with flat-panel cabinetry, solid-surface countertops, and full appliance packages Updated bathrooms with large-format tile surrounds and contemporary fixtures Recessed lighting and modern hardware Bright bedrooms with oversized windows and clean finishes The overall design is functional, modern, and well-suited for furnished or semi-furnished occupancy, further enhancing its appeal for corporate and institutional-style tenants.
MLS® NumberPW26019991
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2024
Basement
DrivewayCarport, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$5,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
351 S State St, Los Angeles, CA

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