Brand-new construction completed in 2020, with a whopping 6.10 CAP. 5 units are currently leased. Most likely the lowest cost per square foot and highest CAP in 90016. NON-rent control 6 units, all 3-story townhome-style units. All units have side-by-side 2 car garages. Water, gas and electricity are separately metered. Every unit has modern, stainless steel refrigerator, range, microwave, dishwasher and tank less water heater. Each unit is over 1785 square feet, most with large balconies. Property is located in a cul de sac with large front and rear yards. Gated property with remote control access. You rarely find a building such as this with high income and low expenses. This is a prime property in a prime location near new construction on Adams, upcoming Whole Foods at Cumulus project, Culver City Arts district, metro rail, freeway and DTLA. Dont miss out, this opportunity checks all the boxes. Seller did the hard work so that you can reap the benefits.
The income description goes here to explain
|Number of Stories||Unknown|
|Days on Market||97|
|Original List Price||$3,899,000|
|Date Updated||April 19, 2021|
|Date Created||January 15, 2021|
Suminda Sellahewa an agent of Avarnka Real Estate, Inc.. Lic #01155576
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2724 Abbot Kinney Blvd #202
Venice, CA 90291
California DRE # 01956587