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1731 New Hampshire Ave, USC Adj

New Construction Fourplex

Soon to be completed 2023 fourplex 5 minutes from USC! ONE OF THE LOW-EST FOURPLEX PRICES IN LA! Made up of ALL enormous 4 bed units. Trendy, modern design with sleek hardie board black siding and upgraded finishes. Projected 5.42% cap rate! Thanks to its close proximity to the USC campus, this will be an extremely easy to manage, high cash flow property.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$2,849,000

Fourplex

Pre-Market

4

2023

5.42%

14.13

$201,600/Year (Pro Forma)

5,935 sqft

6,549 sqft

$480.03

$712,250

2 x 4b/4.5b, 2 x 4b/3b

No

1 Garage Spot, 5 Exterior Spots
(3 Permitted/2 Bonus)

Separately Metered Utilities
Sleek, Modern Finishes

The Highlights

  • Outstanding projected cap rate of 5.42%!

  • All units separately metered for gas, electric AND water!

  • Made up of four enormous, beautifully designed 3-story townhome style units!

  • Located minutes from USC, making this an ultra-high demand rental property.

  • Major demand from “master leasing” companies who want to rent the entire building at a premium!

  • Huge, open floorplans.

  • Due to the high quality of construction, the property is very low maintenance.

  • Ideal parking set up! 10 parking spaces conveniently accessed from a back alley.

  • With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.

The Neighborhood

<15-Minute Walk

Exposition Park, California Science Center, BMO Stadium, Los Angeles Memorial Coliseum, EXPO Center,

California African American Museum,

Natural History Museum, Rose Garden Dr. Theodore T. Alexander Jr. Science Center Charter School

<15-Minute Drive

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

<$15 Uber Ride

USC Campus, Trader Joes, Target, Rock & Reilly’s, USC Village, Study Hall, McKay’s, Greenleaf Kitchen & Cocktails, Moreton Fig, CAVA, Giardino Ristorante, The Lab Gastropub, Stout Burgers & Beers, Honeybird, Rosso Oros Pizzeria, City Tacos

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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