Detailed Introduction Of This Home
Unique opportunity for a new construction multifamily property that's fully leased and stabilized, being offered at an amazing 6.25% cap rate! This property was completed in 2023 and features 4 large townhomes, each with an oversized living room with 16 foot high ceilings, large kitchen, a loft and multiple balconies. Each of the townhomes includes a private rooftop deck, complete with a sink and natural gas connection for BBQ use. The 5th unit is a 2 bedroom ground floor unit with direct patio access. All of the added features in these homes command very strong rents. This is one of the few properties in the city of Los Angeles that is not subject to RSO and is not subject to state rent control laws for at least 14 years!