6,660 Acres in Los Angeles, CA - $1,799,000
Brand New Construction - NO Rent Control - Delivered entirely vacant for New Owner to select their own tenants. This Brand New turn-key triplex offering at 1912-1914-1916 is situated on a securely gated lot in the "Up and Coming" West Adams district in close proximity to the USC campus (less than a mile), 10 freeway and Downtown LA. Two separate buildings with a large front 2-story SFR (#1916) offering 4 bedrooms and 3.5 baths, approx 1,768 sq ft with two bedrooms offer ensuite private baths, open floorplan, brand new kitchen with SS appliances, separate W&D area and 2-car garage parking. The rear detached duplex (#1912 & #1914) offers a 3 Bed + 2 Bath lower unit, approx 1,158 sq ft and a 3 Bed + 3 Bath upper unit, approx 1,519 sq ft - with open floorplans, individual W&D laundry areas, kitchen with all new built-ins and two open parking spaces each. All units have private patio areas, c...
Brand New Construction - NO Rent Control - Delivered entirely vacant for New Owner to select their own tenants. This Brand New turn-key triplex offering at 1912-1914-1916 is situated on a securely gated lot in the "Up and Coming" West Adams district in close proximity to the USC campus (less than a mile), 10 freeway and Downtown LA. Two separate buildings with a large front 2-story SFR (#1916) offering 4 bedrooms and 3.5 baths, approx 1,768 sq ft with two bedrooms offer ensuite private baths, open floorplan, brand new kitchen with SS appliances, separate W&D area and 2-car garage parking. The rear detached duplex (#1912 & #1914) offers a 3 Bed + 2 Bath lower unit, approx 1,158 sq ft and a 3 Bed + 3 Bath upper unit, approx 1,519 sq ft - with open floorplans, individual W&D laundry areas, kitchen with all new built-ins and two open parking spaces each. All units have private patio areas, central AC and heating, separately metered for gas and electricity. Call for complete Offering Memorandum including financial analysis.
As subject is Brand New Construction and delivered entirely vacant, rent and operating expenses are estimates only - CALL or email Gary Tani for full Offering Memorandum.
Proj Gross Rental Income: $151,200; Est NOI: $111,465; Est Gross Spendable after Mortgage payment: $39,560; Est 1st yr Cash/Cash return: 7.33%; Est Cap Rate: 6.2%; Est GRM: 11.9; Price per Sq ft: $404.72
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