Mid-City Fourplex
MASSIVE fourplex in central Mid-City made up four highly upgraded 4 bedroom units. You'll find top-of-the-line open floorplans in this fourplex with premium finishes and expansive balconies. 5.46% cap rate! Situated on an 8,900 SF lot, this sprawling property has unrivaled curb appeal!
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Highlights:
$3,250,000
5.46% (pro forma)
14.11 (pro forma)
7,316 sqft
4x 4b/4.5b
Massive decks for all units
Huge yard/patios
8,900 SF lot
Unbeatable curb appeal
Separately metered utilities
Solar panels
Massive units
All en-suite bathrooms
Sky high cap rate
Designer finishes
Central location
10 minutes from USC
Super low maintenance
High demand rental market
Click to View Photos
The Neighborhood
< 15-Minute Walk
Main Chick Hot Chicken, Alibi Coffee Co, Western Plaza Shopping Center, Underwood University, The Underground Museum, Waba Grill, William Andrews Clark Memorial Library
< 15-Minute Drive
USC, Pasta Sisters, The History Coffee, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, Target, Midtown Shopping Center
< $15 Uber Ride
Downtown Culver City, Beverly Center, Cedars Sinai, Trader Joes, Equinox, LACMA, The Culver Hotel, El Rey Theatre, The Mint, Public School, Rodeo Drive, Wilshire Country Club, Larchmont Village
Submit your offers now!
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UNHEARD OF projected cap rate of 5.46%!
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Dream 1031 exchange opportunity. Ready to close ASAP!
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MASSIVE units (7,828 livable square feet).
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All units boast expansive decks, a rare feature that draws a major rental premium.
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In a market with new construction comps at $600+ per SF, this is your opportunity to get the nicest fourplex in Mid-City for only $415.18 per SF!
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Ideal parking set up! 8 parking spaces, 5 of which are located in attached garages!
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Situated on a gorgeous tree lined, wide residential street, walkers’ paradise!
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Large windows everywhere you look, making each room extremely light and bright.
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With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.
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All units separately metered for gas, electric AND water! Very low expenses.
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Highly livable floorplans with massive living rooms and kitchens.
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Great way to obtain easy, passive income!