Invest in the Heart of
Los Angeles
New construction project are a great find and when available lease at higher rates than competing older properties. The proforma rents are strong from the neighborhood bringing 7.11% Cap Rate to this property. An excellent opportunity to invest in a sought after area of Los Angeles.
OFFERED AT $950,000.00
NEW Option to Expand Existing Fourplex Property in Desirable USC-adjacent Location
✅ READY TO ISSUE PERMITS (Pending)
✅ HIGH CASH FLOW
✅ 7.11% STABILIZED CAP RATE
OFFERING DESCRIPTION
FIRST FLOOR: 3 Units of 1 bed and 1 bath build on an area of 1,467 SF approximately of an existing first floor of 2 units.
SECOND FLOOR: 4 Units of 1 bed and 1 bath build on an area of 1,844 SF approximately of an existing second floor of 2 units.
THIRD FLOOR: 3 units of 1 bed and 1 bath built on an area of 1,750 SF approximately. This property also offers a community laundry room, 5 parking spaces, and a recreation room where the tenants can use to enjoy with their families and friend any special event they could have.
PROPOSED FLOOR PLANS
FLOOR PLAN 1
Room 1: Square Feet 512" (Pink outline)
Room 2: Square Feet 493" (Light Blue outline)
Room 3: Square Feet 462" (Green outline)
FLOOR PLAN 2
Room 1: Square Feet 512" (Pink outline)
Room 2: Square Feet 493" (Light Blue outline)
Room 3: Square Feet 462" (Green outline)
Room 4: Square Feet 377" (Red outline)
FLOOR PLAN 3
Room 1: Square Feet 512" (Pink outline)
Room 2: Square Feet 493" (Light Blue outline)
Room 3: Square Feet 745" (Green outline)
CONTACT US
Suites 104, 300, 312, and 316
Granada Hills, CA 91344
805-304-7060