REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,750,000
Est. payment | /mo
12 Beds
6,451 Sqft Lot
$ 2,750,000
Est. payment | /mo
12 Beds
6,451 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25232172
Bedrooms 12
Lot Size 6,451 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Fantastic and Stunning New Construction Fourplex in the Heart of Los Angeles! Welcome to an exceptional investment opportunity near USC, world-class museums, Exposition Park, the LA Memorial Coliseum, Downtown Los Angeles, the Crypto Arena, premier shopping, and dining. This prime property offers modern living and strong financial performance with a current cap rate of 5.00% with GRM of 15.8. This newly built fourplex is green-certified and categorized as an A building. Showcases four spacious units, each thoughtfully designed with 3 bedrooms. Two units feature 3.5 bathrooms with 1,900 sqft, while the other two offer 3 bathrooms with 1,699.5 Sqft, for a combined total of 12 bedrooms with 13 bathrooms. Key Features: Upscale finishes & superior new construction quality. Each unit separately metered no utility expenses for landlord. Potential to convert the 4-car tandem garage into an ADU without requiring extra parking, enhancing the proforma cap rate. Open-concept living with bright living rooms, dining areas & gourmet kitchens. Kitchens with quartz countertops & stainless steel appliances. Generously sized bedrooms with ample closets. Modern bathrooms with sleek designs. In-unit laundry & central HVAC. Private yard. Fully paid-off solar panels adding long-term savings & value. This property offers investors positive cash flow potential, new construction, minimal maintenance costs, and long-term appreciation in one of Los Angeles most historically strong rental markets. Dont miss this rare opportunity to own a turnkey, income-generating multi-family asset in a highly desira
Location
State CA
County Los Angeles
Zoning Assessor
Direction West of Martin Luther King Blvd, East of Western Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5036029019
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Gil Rodriguez Sharpstone Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "