Mid-City Fourplex
Ultra-premium OPPORTUNITY ZONE fourplex in prime Mid-City with every upgrade imaginable. This is not your everyday new construction. Made up of four MASSIVE 5 bedroom, 5 bathroom tri-level townhomes with high end home finishes. Projected cap rate of 5.55%! TOTAL CASH COW!!!
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Highlights:
$3,695,000
5.55% (pro forma)
13.94 (pro forma)
6,623 sqft
4x 5b/5b
All 5 beds- massive income
8 parking spaces + 1 bonus spot
No rent control
Opportunity zone
Security system
Huge private yard
Premium cabinets & countertops
Turf yard and dog run
High ceilings
Walk-in closets w/ built-ins
Washer/dryers included
All designer home finishes
Pre-wired internet & HDMI
Engineered SPC flooring
Prime Mid-City location
Sleek lighting fixtures
Click to View Photos
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The Neighborhood
< 15-Minute Walk
Midtown Shopping Center, Hollywood Night Market, Planet Fitness, Five Guys, Pacific French Bakery, Spaccio Salumeria, Menchitas, Washington Irving Branch Library, Starbucks, , Roscoe's Chicken and Waffles, Olive Garden, Wingstop, Subway, Jamba Juice
< 10-Minute Drive
Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen
< $10 Uber Ride
Downtown Culver City, Ivy Station, The Culver Steps, Trader Joes, Equinox, Amazon Studios, The Culver Hotel, Sony Pictures, Midtown Shopping Center, The Grove, LACMA, The Farmer’s Market, El Rey Theatre, Pasta Sisters,The Mint, Akasha, Public School, The Mandrake
Submit your offers now!
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5.55% pro forma cap rate! CASH COW!
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The most highly upgraded, luxury home quality fourplex that’s been built. These aren’t your typical new construction units!
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Opportunity Zone! Major tax benefits!
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Ideal property for owner occupiers! Live the life of ultimate luxury in one of the 5 bedroom townhomes while having the other 3 units pay the mortgage!
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ALL 5 BEDROOM UNITS- MEANING TREMENDOUS INCOME!
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Each and every finish was upgraded, from premium porcelain countertops and modern European cabinetry in the kitchen to expansive walk-in closets with next-level built in cabinets. The upgrades list is endless!
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Brilliantly designed, bright and open 3-story units with all of the upgrades- 4-camera HD security system, washer/dryers, stainless steel appliances, pre-wired internet/cable, motorized gate and more! Totally turnkey!
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No rent control!
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Dream 1031 exchange opportunity. Ready to close ASAP!
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9 PARKING SPACES! 4 garage parking spaces (private 2-car garages), 4 permitted exterior spaces, and room for 1 more car. A huge plus for renters!
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All units separately metered for gas, electric AND water! Microscopic expenses!
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Moments from countless mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (Whole Foods), and the Culver Steps (Amazon Studios)