$2,999,000 USD
213-302-8662
HIGHLIGHTS
- NO RENT CONTROL!
- FULLY RENTED at a real 5.70% cap rate. Cash cow!
- Located in ultra trendy and highly sought after Mid-City, minutes from West Adams and Culver City- A major draw for A+ tenants!
- One of the LOWEST priced luxury new construction fourplexes in the Mid-City/West Adams area. The best deal you will find!
- Rooftop decks with amazing LA views!
- All units separately metered. Tenants pay utilities, meaning minimal owner expenses.
OVERVIEW
Brand New 2024-built fourplex in central Mid-City, just minutes from West Adams and Culver City, offering a true 5.70% cap rate. Fully leased, this high-end property features spacious living rooms, modern kitchens, and sleek finishes. Two of the units boast private rooftop decks, adding valuable outdoor space. A low-maintenance investment in a prime, high-demand rental market.
FOR SALE DETAILS
PRICE
$2,999,000 USD
PRICE/SF
$629 USD /SF
# OF UNITS
4
PRICE/UNIT
$749,750
CAP RATE
5.7%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
2024 Mid-City Fourplex | True 5.70% Cap Rate
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2024
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.12 AC
LAND SF
5,046 SF
ZONING
LARD1.5
APN/PARCEL ID
5062-018-031
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213-302-8662
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213-302-8662
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