Property Detail

Description

UNPARARELLELED BRAND NEW FOURPLEX at over 7.5% CAP RATE!! This brand new construction boats two 3-story duplexes boasting 5bed/5bath per unit with attached garage access plus additional spots on site. Make this your first smart investment or the next one. Open floor plans, several master bedrooms in all units, walk-in closets, high ceilings, custom window shades. There are also beautiful quartz countertops in the kitchens and bathrooms with custom decorative backsplash throughout each. Some other features include stainless steel appliances, custom kitchen cabinets, two-toned interior painting, HVAC systems, low voltage led recessed lighting, laundry rooms with washer/dryer, drought tolerant landscaping, automatic fire sprinkler system throughout all units. Rear duplex has a 2-car garage plus 2 tandem parking spots, plenty of parking with decorative pavers throughout the property. All units are individually metered for water, gas, and electricity. Tenants pay all utilities keeping costs low for you! The property includes solar panels that are owned and fully paid off.This is a very low maintenance, turnkey property in a dense and desirable rental market with major job centers nearby such as Downtown Los Angeles, University of Southern California, and the warehouse industrial center just SouthEast of Downtown. Rent Control. Do not miss out on this opportunity!