3038 Casitas Avenue
Los Angeles, CA, 90039
$2,750,000
MLS: PW26187068
Beds
—
Baths
—
Sq Ft
3,561
Lot
0.12 ac
Year Built
2026
MLS #
PW26187068
Days on Market
46
Listed
Sep 3, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Cesar Vasquez · Kase Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$21,332
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $275,000 · Loan: $2,475,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,136
- Property tax (1.25%)
- $2,865
- Homeowners insurance
- $300
- Mortgage insurance
- $1,031
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $96,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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