
Los Angeles, California 90039
This brand-new 2026 construction triplex represents a High-Potential Investment Opportunity, listed at $2,750,000—positioned slightly above the $2,641,739 Fair Market Value. Featuring a 12-bedroom, 9-bathroom layout with individual utility metering and solar panels, this Mint Condition asset offers exceptional flexibility for immediate market-rate leasing or house hacking. Located in the desirable Atwater Village near top-rated schools like Ivanhoe Elementary, the property provides a rare combination of modern efficiency and location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3038 Casitas Avenue Subject 0 bd · 0 ba · 3,561 sqft · $742 | $2,750,000* List Price | 0 | 0 | 3,561 | $742 | - |
A 2290 Riverside Drive Active 0 bd · 0 ba · 2,981 sqft · $671 · 0.7 mi | $2,000,000 List Price | 0 | 0 | 2,981 | $671 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction triplex in mint condition. Features modern kitchens with stainless steel appliances, new flooring, recessed lighting, and high-efficiency systems including solar panels and individual utility metering.
Elementary School: Ivanhoe Elementary School (9/10).
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3561, other record living area = 868.
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.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,561 | 2,148.648 |
| Lot Size | 5,400 | 5,855.757 |
| Price | $2.75M | $831.8K |
| Price per sq ft | $772 | $387 |
| Built year | 2026 | 1928 |
| HOA | $0 | $0 |
| Days on market | 51 | 87 |
Sep 3, 2026
$2,750,000
Initial Listing
Jan 27, 2020
$760,000
Public Record