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Presenting a BRAND NEW 2024 CONSTRUCTION multi-family 5 Unit investment property that will produce great passive income. Embrace an extraordinary opportunity to own a state-of-the-art 5 Unit property centrally located between Echo park and Westlake. Total 18 beds + 15 baths, great mix, promising a truly luxurious living experience. Each unit offers an array of upscale features, including massive windows, sliding doors, beautiful flooring, recessed lighting, central AC and heating for optimal comfort, and private laundry for each unit. Built-ins and ample storage space are thoughtfully integrated, catering to all your organizational needs. The elegant kitchens are adorned with sleek countertops, top-of-the-line stainless steel appliances, and meticulously crafted cabinets, offering a perfect setting for culinary enthusiasts. Bathrooms feature beautiful flooring, adding to the overall allure of these well-appointed spaces. Each bedroom is generously proportioned and filled with natural light, creating an inviting and relaxing retreat for all tenants. This property is perfectly situated nearby vibrant neighborhoods of Echo park, Silverlake, Westlake, Filipino town and Downtown LA, offering an array of entertainment, dining, and shopping options just a stone's throw away. Each unit is individually metered for water, gas & electricity to ensure minimal expenses and a high return. Poforma 12.9 GRM and 5.9 Cap rate. This is your chance to own a cutting-edge Five-Plex building that combines modern luxury, convenience, and captivating views in one of the most prime locations. Easy to show.
Last Updated | 8/15/2024 | Year Built | 2024 |
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Community | Silver Lake - Echo Park | County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Washer |
AREA | Silver Lake - Echo Park |
GARAGE | Assigned, Carport |
HEAT | Central |
LOT | 6909 sq ft |
LOT DIMENSIONS | 40x173 |
PARKING | Assigned,Carport |
STORIES | 1 |
STYLE | Contemporary |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
ZONING | LARD2 |
Location
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