Woodland Hills Adj. Fourplex
ULTRA-RARE INVENTORY ALERT!!! This brand new fourplex with all 4 bedroom units (2 with rooftop decks) is located 6 MINUTES from The Village at Westfield Topanga and Pierce College. This amazing, low inventory location is unbeatable. 5.35% projected cap rate!
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Highlights:
$3,095,000
5.35% (pro forma)
14.33 (pro forma)
6,936 sqft
2x 4b/4b
2x 4b/3b+Rooftop Deck
High cap rate
Rare, low inventory location
6 min from Westfield Topanga
Rooftop decks
7 minutes from Pierce College 15 minutes from CSUN
Separately metered utilities
Solar panels
No rent control
Huge kitchens & living rooms
Designer finishes
Prime Woodland Hills ADJ. location
Unbeatable curb appeal
Super low maintenance
High demand rental market
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The Neighborhood
< 5-Minute Walk
Pierce College, Target, Westfield Topanga Mall, The Cheesecake Factory, Starbucks, In-N-Out Burger, Blaze Pizza, BJ's Restaurant, The Tasting Room at 8one8 Brewing , Neiman Marcus, Louis Vuitton Topanga Plaza, Crunch Fitness
< 5-Minute Drive
The Village at Westfield Topanga, Taft High School, Kaiser Woodland Hills Medical Center Trader Joe's, Costco, Equinox Woodland Hills, LA Fitness, Amazon Fresh, JOEY Woodland Hills, Ruth's Chris Steak House, Maggiano's Little Italy, Il Fornaio Woodland Hills
< $15 Uber Ride
Cal State University, Northridge, The Woodland Hills Country Club, Westfield Topanga, Malibu Wines & Beer Garden, Whole Foods Market, El Camino Shopping Center, AMC DINE-IN Topanga, HQ Gastropub - Woodland Hills, Winnetka Bowl
Submit your offers now!
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ULTRA-RARE LOCATION 6 MINUTES FROM WESTFIELD TOPANGA! A+++
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Minimal new construction inventory in the San Fernando Valley. This is as rare as they come.
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5.35% pro forma cap rate!
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7 minutes from Pierce College and 15 minutes from CSUN, making this a huge target for students, recent graduates, and families.
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Two units boast rooftop decks, a rare feature that draws a major rental premium.
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MASSIVE units (6,936 livable square feet).
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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 $446.22 per SF!
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Ideal parking set up! 8 parking spaces, 4 of which are located in 2-car garages!
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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.