Detailed Introduction Of This Home
2021 construction modern style duplex in located West Hollywood adjacent in the heart of the Fairfax area of Los Angeles! Part of a 4 building new construction duplex portfolio! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! All units are rented and provide strong and stable rental income and one unit is on month to month term offering a great owner-user opportunity! Offered at a 5.46% cap rate, 14.24 GRM and at $725/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs! The property is subject to LA City RSO.