2024 Mid-City Fourplex Offering A True 5.85% Cap Rate
Multifamily | 4 Units | $723,750/unit
Marketing description
Brand New 2024-built fourplex in central Mid-City, just minutes from West Adams and Culver City, offering a true 5.85% 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.
Investment highlights
NO RENT CONTROL!
FULLY STABILIZED building- 100% leased
Located in ultra trendy and highly sought after Mid-City area- A major draw for A+ tenants!
Outstanding REAL cap rate of 5.85%!
One of the best priced luxury new construction fourplexes in the Mid-City area.
Residential, tree-lined street!
Boasts high-end, modern finishes and convenient in-unit laundry.
Ideal unit mix of four 4 bedroom units! High income producing property!
All units separately metered. Tenants pay all utilities, making for minimal expenses.
Dream 1031 exchange opportunity. Low maintenance and high return.
Situated near the 10 & 405 freeways, public transit options, and Metro lines, making commuting throughout the city seamless.
Short drive to countless trendy restaurants, shops and mixed-use developments such as Highly Likely, the Culver Steps, Platform and the soon-to-be Maydan Market (food
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