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Month to Month tenancy allowing for owner-user! 2021 construction modern style duplex in located in the heart of Mar Vista in West LA! 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 potential for one unit to be delivered on a month to month lease making this a great owner-user opportunity! Offered at a 5.27% cap rate, 14.67 GRM and at $770/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! Mar Vista is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Venice, Playa Vista and the South Bay!
Property Type(s):
Residential Income
| Last Updated | 10/17/2024 | Year Built | 2021 |
|---|---|---|---|
| Community | Palms - Mar Vista | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | Palms - Mar Vista |
| FIREPLACE | Yes |
| GARAGE | Garage, Yes |
| HEAT | Central |
| LOT | 5751 sq ft |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| ZONING | LARD2 |
Location
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Listed with BRC Advisors- BH
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