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
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$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
10 Carport Spaces
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
Contact
Lauren Cearley
213.302.8662
Property Presented By:
