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$2,399,000
Est. payment /mo
16 Beds
14 Baths
4,785 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26046521
Bedrooms 16
Lot Size 4,785 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | ACTUAL 6.01% CAP | NO RENT CONTROL | 100% LEASED AT MARKET RENTS! This is a rare opportunity to acquire a brand-new, high-yield asset in one of Los Angeles most supply-constrained and aggressively appreciating rental markets. Located just minutes from Silver Lake, this newly constructed four-unit luxury community offers immediate cash flow with long-term upside. Certificate of Occupancy is in hand. The property is 100% LEASED at market rents, providing day-one stabilized income. With no rent control restrictions, investors retain full operational flexibility and future rental growth potential a significant advantage. Offered at a 6.01% cap rate, in a neighborhood where new construction inventory is extremely limited and rental demand consistently outpaces supply. The property consists of two modern brand-new structures totaling four premium units. Each residence features highly desirable floorplans, private laundry rooms, tandem parking, and upscale finishes designed to attract high-credit tenants. Each unit is separately metered for all utilities, plus dedicated common-area meters, allow for clean expense allocation and streamlined management. Built for durability and efficiency, the property includes solar systems, energy-efficient appliances, drought-tolerant landscaping, and low-maintenance materials minimizing operating costs while maximizing long-term performance. As new construction, the asset offers the added benefit of reduced capital expenditure risk and a one-year builder fit and finish warran
Location
State CA
County Los Angeles
Zoning Builder
Direction laFayette Park Place, between Temple St. and the 101 fwy.
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 5156024001
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Listed by Martin Fish, DRE#01988997 Citivest Realty Services, Inc
Nearby School & Business
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