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New 2022 Non-Rent Controlled Triplex | Fully Leased | 6.72% Cap Rate Exceptional investment opportunity in Green Meadows, in Los Angeles. This new 2022 construction triplex is fully leased, non-rent controlled, and generating strong income from day one, making it an ideal acquisition for portfolio investors and 1031 exchange buyers alike. The property features 2 spacious 5-bed/3.5-bath units and 1, 3-bed/2.5-bath unit totaling 4833 sq ft of modern new construction. All 3 units are currently occupied with quality tenants, delivering a stabilized 6.72% cap rate with zero lease-up risk and no deferred maintenance. Updated systems and contemporary finishes throughout ensure long-term durability and tenant appeal. For 1031 exchange investors, this property checks every box, turnkey, fully occupied, and ready to close. New construction maximizes your depreciable basis, sheltering exchanged gains while providing a long runway of appreciation ahead. As a non-rent-controlled asset, owners retain full flexibility on future rental increases, a significant advantage in today's increasingly regulated LA rental market. Ideally located with a Walk Score of 76 and strong transit access, including Firestone Station just minutes away and LAX only 18 minutes out. Close proximity to major employment corridors, shopping, parks, and schools drives consistent tenant demand and low vacancy. Whether you're completing a 1031 exchange or looking for a fresh capital, or expanding your portfolio, this is the turnkey, cash-flowing, new construction asset serious investors don't pass up.
Property Type(s):
Residential Income
| Last Updated | 6/29/2026 | Year Built | 2022 |
|---|---|---|---|
| Community | C37 - Metropolitan South | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Disposal, Refrigerator, Tankless Water Heater, Water Heater |
|---|---|
| AREA | C37 - Metropolitan South |
| CONSTRUCTION | Concrete, Stucco |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Granite Counters, Recessed Lighting, Walk-In Closet(s) |
| LOT | 5741 sq ft |
| LOT DESCRIPTION | Front Yard, Near Public Transit |
| LOT DIMENSIONS | 5743 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with eXp Realty of California Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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