835 E 33rd Street,
USC Adj.
New Const. Fourplex Near USC | 6.35% Cap Rate
835 E 33rd St is a brand-new 4-unit townhome community in the heart of South Los Angeles, ideally located near USC, Exposition Park, and Downtown LA. This vacant, modern asset offers spacious two- and three-level units with strong lease-up potential, projecting a 6.35% pro forma cap rate and 12.70 GRM. With high-quality finishes, open layouts, and six on-site parking spaces, the property presents a compelling opportunity in one of LA’s most active rental corridors.
The Important
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$2,095,000
Fourplex
For Sale
4
2026
6.35%
12.12
$172,800 (Pro Forma)
5,722 sqft
5,275 sqft
$366.13
$523,750
2 x 4b/3b, 2 x 4b/3.5b
No
4 Exterior Spaces + 2 Carport Spaces
No
Other Features:
No Rent Control, Brand New Construction, Spacious Floorplans
The Highlights
Brand New 2026 Construction – No Deferred Maintenance!
Vacant 4-Unit Asset – Ideal Lease-Up Opportunity for Immediate Upside!
Strong 6.35% Pro Forma Cap Rate – Built for Cash Flow!
Highly Desirable Townhome-Style Units – Feels Like Single-Family Living!
Spacious Two- & Three-Level Floorplans with Modern Open Layouts!
Premium Finishes & Brand-New Appliances Throughout!
6 On-Site Parking Spaces – Rare for New Construction in This Submarket!
Located in a High-Demand Rental Corridor Near University of Southern California!
Minutes to Exposition Park, BMO Stadium & Los Angeles Memorial Coliseum – Major Tenant Draw!
Easy Access to Downtown LA & Major Employment Hubs – Strong Rental Demand!
Close to Metro Expo Line for Seamless Connectivity Across the City!
Convenient Access to the 10 & 110 Freeways – Central Location for Commuters!
Turnkey Opportunity in a Rapidly Evolving South LA Submarket!
Excellent 1031 Exchange Opportunity – New Construction in a Supply-Constrained Market!
The Neighborhood
<15-Minute Walk
Holbox, Mercado La Paloma, 23rd Street Cafe, The Lab Gastropub, Aldewaniah Restaurant, USC Village, Rock & Riley’s USC, USC, Exposition Park, Natural History Museum, BMO Stadium, Expo Park/USC Station
<15-Minute Drive
L.A Live, Crypto.com Arena, The Broad, Grand Central Market, Walt Disney Concert Hall, Perch, Bottega Louie, Bestia, The Mayan, Arts District, Koreatown, Ace Hotel Theatre, FIGat7th, The Bloc, Santee Alley
<$15 Uber Ride
Sunset Junction, Silver Lake Reservoir, Echo Park Lake, West Adams, Alta Adams, Mizlala West Adams, Pine & Crane, Night + Market Song, Bar Flores, The Friend, Lowboy, Melody Lounge, ROW DTLA, Platform
Property Presented By:
