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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.
| DAYS ON MARKET | 48 | LAST UPDATED | 2/2/2026 |
|---|---|---|---|
| YEAR BUILT | 2024 | COMMUNITY | BOYH - Boyle Heights |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Dryer, Electric Oven, Electric Range, Gas Range, Range Hood, Refrigerator, Washer |
| AREA | BOYH - Boyle Heights |
| HEAT | Ductless |
| LOT | 8163 sq ft |
| LOT DIMENSIONS | 8161 |
| PARKING | Carport, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 1:50 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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