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713 N Gramercy Ave, Larchmont Village

Larchmont Village Opp. Zone Fourplex

Larchmont Village 2024 luxury OPPORTUNITY ZONE fourplex made up of ALL 4 bedroom townhome-style units with top-tier finishes, spacious walk-in closets, modern sleek finishes and in-unit washers and dryers. The property’s prime location is just minutes walking to countless trendy shops, eateries, and convinces located on Larchmont Blvd. With an unheard of projected 5.81% cap rate, this is an excellent investment opportunity. Don’t miss your chance—contact us before it hits the market!

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:

$3,895,000

Fourplex

Pre-Market

4

2024

5.81%

13.31

$292,560/Year (Pro Forma)

7,554 sqft

6,756 sqft

$515.62

$973,750

4x 4b/4b

Yes

6 Garage Spaces, 4 Exterior Spots

Opportunity Zone, ALL 4 Bedroom Units

The Highlights

  • Located in ultra trendy and highly sought after Larchmont Village- A major draw for A+++ tenants! 

  • Outstanding projected cap rate of 5.81%! Cash cow.

  • OPPORTUNITY ZONE! Major tax benefit (consult CPA).

  • MASSIVE units (7,554 livable square feet) with premium floorplans.

  • Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!

  • Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!

  • Ideal unit mix of ALL 4 bedrooms units!

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

  • Dream 1031 exchange opportunity. Ready to close soon!

  • With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity."

The Neighborhood

<15-Minute Walk

Paramount Studios, Cafe Gratitude,Osteria Mamma, Mario's Peruvian & Seafood, TONCHIN LA, Alfalfa, Le Coupe, La Fonda Antioquena, PauHaus Art Gallery + Events, Daves Hot Chicken, WaBa Grill, ORGANICO, Hollywood Forever Cemetery

<15-Minute Drive

Great White, Salt & Straw, MALIN+GOETZ, Go Get Em Tiger, Rite Aid, Starbucks, Clark Street, Kreation, Trader Joe’s, Ralphs, Chipotle, Levain Bakery, Noah's NY Bagels, Groundwork Coffee Co., Le Pain Quotidien, Sweetfin Poke, Village Pizzeria, Jeni's Ice Creams

<$15 Uber Ride

Great White, Salt & Straw, MALIN+GOETZ, Go Get Em Tiger, Rite Aid, Starbucks, Clark Street, Kreation, Trader Joe’s, Ralphs, Chipotle, Levain Bakery, Noah's NY Bagels, Groundwork Coffee Co., Le Pain Quotidien, Sweetfin Poke, Village Pizzeria, Jeni's Ice Creams

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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