Fantastic and Stunning New Construction Fourplex in the Heart of Los Angeles!
Welcome to an exceptional investment opportunity near USC, world class museums, Exposition Park, the LA Memorial Coliseum, Downtown Los Angeles, the Crypto Arena, premier shopping, and dining. This prime property offers modern living and strong financial performance with a current cap rate of 5.00% with GRM of 15.8. This newly built fourplex is green certified and categorized as an A building. Showcases four spacious units, each thoughtfully designed with 3 bedrooms. Two units feature 3.5 bathrooms with 1,900 sqft, while the other two offer 3 bathrooms with 1,699.5 Sqft, for a combined total of 12 bedrooms with 13 bathrooms.
Key Features: Upscale finishes & superior new construction quality. Each unit separately metered no utility expenses for landlord. Potential to convert the 4 car tandem garage into an ADU without requiring extra parking, enhancing the proforma cap rate. Open concept living with bright living rooms, dining areas & gourmet kitchens. Kitchens with quartz countertops & stainless steel appliances. Generously sized bedrooms with ample closets. Modern bathrooms with sleek designs. In unit laundry & central HVAC. Private yard. Fully paid off solar panels adding long term savings & value.
This property offers investors positive cash flow potential, new construction, minimal maintenance costs, and long term appreciation in one of Los Angeles most historically strong rental markets.
Dont miss this rare opportunity to own a turnkey, income generating multi family asset in a highly desirable location! Inquire today!