Detailed Introduction Of This Home
The offering is a newly built 4 Unit Townhouse complex located in Canoga Park sandwiched between Woodland Hills & Warner Center with No rent control. The property is within moments from beloved, local hotspots in the active neighborhood (Walk Score of 81 and Bike score of 86). The asset is situated in one of the most up and coming neighborhoods in the city with over $2 Billion being spent on development and is directly across the street from the newly planned Los Angeles Rams Training Facility and Headquarters. This high demand rental will provide proud investors with a 5.18% Cap Rate, with easy maintenance and little management needed (separate water, gas and electric meters with very low maintenance landscaping). The property features Two- 3 Bed / 2 Bath and Two 3 Bed/ 2.5 Bath Units with high ceilings, in unit washer & dryer, stainless steel appliances, ample parking and manicured landscaping. In addition to the impressive return, investors will enjoy extreme desirability amongst renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth.