$2,700,000
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. Don’t miss this rare opportunity to own a turnkey, income-generating multi-family asset in a highly desirable location! Inquire today! PRIVATE REMARKS: Questions? Text Gil at (562) 217-7646. No showings at this time; drive-by only. Please be courteous—do not disturb occupants. Submit complete offers to Mr.Sharpstone@gmail.com.
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Listed by Gil Rodriguez with Sharpstone Realty (562) 360-1605
Property Type
Quadruplex
Status
Active
MLS Number
PW26077171
Year Built
2022
Lot Size
6,451 sq ft