MID CITY NEW CONSTRUCTION OVER 6% CAP RATE!*!*!
Here's the opportunity you've been searching for!
A luxury multi-unit quadplex with above average market cap rate, fully leased cash flowing $14,000 a month in a great mid-city LA location. This is truly a turn key, rock solid investment in uncertain times.
The 2020 luxury units include two duplexes. Front duplex has TWO 3 bedroom & 2 bath units in an up and read more down configuration. The back duplex boasts TWO 4 bedrooms and 3 bathrooms in a townhouse style side-by-side, 3 story high configuration with attached tandem garages. The modern esthetic is enhanced by clean lines and trendy finishes. Each unit has luxe laminate flooring for easy maintenance and durability. Interior configurations were designed with the way people are sharing spaces today and into the future. Kitchens boast bold backsplash design and soft close white shaker cabinets. Metal finishes and recessed lighting are present throughout the space. The designer color palette of greys and whites and a full suite of appliance in each unit appeal to everyone's taste and make units rent for premiums in the area.
Property is located just off of Jefferson Blvd and is adjacent to all local transportation hubs. Only a short 2 miles from USC, this location is ideal to access all of what LA has to offer. Located in one of the hottest markets in LA, you need to see them for yourself.
The information contained in this listing has not been verified by us or the MLS and should be verified by the buyer.
Listing Agent: Sonia Ramirez, Listing Office: Alta Mira Realty, Inc., MLS Data Source: CRMLS
Last Updated: Nov 12th, 2021. Source: CRMLS
Paul comes from a family of real estate professionals. His mother, grandmother and uncle are real estate experts in commercial, residential and property management throughout California and Hawaii. He was raised by his mother who holds a degree in Fine Art and Design. Throughout his childhood he moved with his mother from house to house as they were bought, remodeled and sold. Paul's depth of knowledge does not come from a chart, graph or text book but through experiencing market dynamics first hand throughout his life. After Paul graduated from college he moved to Los Angeles in 2010 where he began buying, remodeling and selling properties. He is very active in the Real Estate market with multiple short term projects and long term multifamily investments. Paul offers his clients a unique perspective as he has been on all sides of the transaction. And he truly enjoys finding people their dream home and/or high income investment property and passing on his knowledge along the way. Contact him today!