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$ 1,750,000
Est. payment | /mo
13 Beds
11 Baths
$ 1,750,000
Est. payment | /mo
13 Beds
11 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW25056403
Bedrooms 13
Property Sub-Type Res Income 2-4 Units
Property Description
Massive Reduction from $1.9M to $1.75M! Please note: Project is 90% complete; images are for completion reference only. Discover a premier investment opportunity on 3rd Street, ideally situated just off the I-10 freeway in one of Los Angeles most dynamic and rapidly appreciating neighborhoods. This new construction offering features a meticulously designed duplex with one 6-bedroom, 5-bathroom unit, one 5-bedroom, 5-bathroom unit, and one 2-bedroom, 1-bathroom ADUnow priced at an unbeatable $1.75 million. Want more? Pair it with the adjacent parcel (5180004010) for a full six-unit development at $3.5 million. Each unit is individually metered, simplifying management and cutting utility costs for the owner. Outfitted with advanced solar panels and sustainable materials, this property delivers energy-efficient operation and enhanced profitability. Boasting a stellar 7.23% cap rateone of the highest in LA County for new constructionthis asset offers exceptional cash flow and long-term value. Its prime location ensures easy access to Downtown Los Angeles, Santa Monica, and Culver City, surrounded by trendy cafes, top schools, and employment hubsfueling strong tenant demand and premium rents. The versatile unit mix and high-end finishes attract renters while keeping maintenance low. This turnkey investment is poised for immediate returns and growth in LAs booming multi-family market. Acquire before the certificate of occupancy, and solar tax credits may apply (consult a tax advisor; seller makes no guarantees). Secure this rare find and capitalize on a high-demand locale with un
Location
State CA
County Los Angeles
Zoning Builder
Direction East of Soto St, North of 3rd Street
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5180004008
Listed by Maria Moreno Regional Real Estate