Thank you
Drew Dunn
Four Brothers Real Estate
323-408-1080
This new construction green-certified QUADPLEX is located in the bustling city of Los Angeles! Each of the four units features 4 bedrooms. Two of these units comprise 2.5 bathrooms each, while the other two consist of three bathrooms each, resulting in a combined total of 16 bedrooms and 11 bathrooms. Don't miss out on this extraordinary opportunity! This deal offers unparalleled luxury with high-end finishes and exceptional construction quality, all backed by an incredible 6.63% cap rate. The bedrooms are well-sized with ample closet space as well as bathrooms featuring sleek designs and top-quality fixtures. The open floor plans include a living room, dining area, and a gourmet kitchen with stainless steel appliances and quartz countertops. The property also features a private yard, in-unit laundry, and central HVAC. Each unit is separately metered, which means that the landlord does not have to cover any of the utility expenses. In addition, this opportunity also offers has a value-add component allowing the future owner to convert the two car garage into an ADU (accessory dwelling unit). This would provide the potential for additional income or a separate living space for a family member or tenant. The ADU could be customized to fit your specific needs and can include features such as a kitchen, bathroom, and living area. This unique feature of the property offers endless possibilities and could provide a great return on investment. The property is sold with a 1-year builder warranty, which provides additional peace of mind for the buyer. This property offers a unique blend of modern amenities, cost-saving features, and income potential, making it an ideal choice for any savvy investor looking to capitalize on the thriving Los Angeles rental market. The property's prime location also adds to its appeal, providing easy access to major roads and freeways, as well as public transportation, making it a highly desirable location for tenants. The bus line is just 250 feet away, while your nearest Starbucks is a convenient 2 miles. SoFi Stadium and the USC campus are within a 3-mile distance, and the Crypto Arena is only 5 miles away. Experience the advantages of earning positive cash flow, enjoying accelerated tax benefits through new construction, benefiting from low maintenance costs, and witnessing appreciation in one of the most robust historical markets in Los Angeles.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1060259774 | 3 | 4 | 3 | 0 |
2 | 1060259774 | 3 | 4 | 2 | 1 |
3 | 1060259774 | 3 | 4 | 2 | 1 |
Water Source : Public
Sewer : Public Sewer
Roof : Composition
Exterior Property Features : Lighting,Rain Gutters
Interior Features: Granite Counters,Open Floorplan,Recessed Lighting,Storage,Tandem,Unfurnished,Bedroom on Main Level,Primary Suite
Windows: Blinds,Double Pane Windows
Property Appliances: Dishwasher,ENERGY STAR Qualified Appliances,Gas Cooktop,Disposal,Gas Oven,Gas Range,Range Hood,Tankless Water Heater,Vented Exhaust Fan
Fireplace: None
Flooring: Wood
Central Air
Air Conditioning
Central
Has Heating
Green Energy: Appliances
Fireplace Features: None
Has Fireplace: 0
Year Built: 2024
Building Area Total: 6,207
Construction: Aluminum Siding,Drywall,Concrete,Plaster,Wood Siding
Roof: Composition
Lighting,Rain Gutters
Slab
Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Gated Community,Smoke Detector(s)
None
None
Washer Hookup,Gas Dryer Hookup
Wood,Wrought Iron
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1641
Lot Size Source: Assessor
Lot Size Square Feet: 7150
Original List Price: 2,350,000
Listing Contract Date: 2024-02-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 6013009024
Garage Description: Attached Carport,Assigned,Concrete,Covered,Door-Multi,Driveway Level,Door-Single,Driveway,Garage,Gated,On Site,Private,Garage Faces Rear,Side By Side,Tandem
Lease Term: Negotiable
Tenant Pays: All Utilities
Source Listing Status: Active
Source Neighborhood: C34 - Los Angeles Southwest
Postal Code Plus 4: 6024
Directions: Vermont and 66th st
Zoning: LARD1.5
Source Property Type: Residential Income
Area: C34 - Los Angeles Southwest
Property SubType: Quadruplex
Property Age: 0
Common Walls: 1 Common Wall
Property Condition: Updated/Remodeled
Structure Type: Quadruplex
Year Built Source: Builder
Entry Level: 1
Entry Location: Ground Floor
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1031 W Century Boulevard, Los Angeles, CA,90044 | $699,000 | 6 | -- | 1,760 | 5000 Sqft |
936 W 78th Street, Los Angeles, CA,90044 | $950,000 | 5 | 3 | 2,000 | 5720 Sqft |
1002 W 124th Street, Los Angeles, CA,90044 | $675,000 | 3 | 2 | 1,674 | 5353 Sqft |
10310 Vermont, Los Angeles, CA,90044 | $255,000 | -- | -- | -- | 2513 Sqft |
606 W 78th Street, Los Angeles, CA,90044 | $674,888 | 5 | 1 | 1,672 | 7150 Sqft |
661 W 65th Street, Los Angeles, CA,90044 | $450,000 | -- | -- | -- | 4050 Sqft |
7014 S Vermont Avenue, Los Angeles, CA,90044 | $1,500,000 | -- | -- | 3,313 | 5489 Sqft |
820 822 W 61st Street, Los Angeles, CA,90044 | $670,000 | 3 | 2 | 1,764 | 5852 Sqft |
717 W 77th Street, Los Angeles, CA,90044 | $999,000 | 5 | 5 | 3,651 | 7000 Sqft |
949 W 65th Street, Los Angeles, CA,90044 | $1,299,999 | -- | -- | -- | 7500 Sqft |
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ByOwner last updated this listing 05/22/2024 @ 11:52
MLS: OC24028496
LISTED BY: Drew Dunn, Four Brothers Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.