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 garages. Water, gas and electricity all separately metered. Every unit has modern, stainless steel refrigerator, range, microwave, dishwasher and tankless water heater. Each unit is over 1800 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 you can reap the benefits.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
