Brand New Const. Fourplex in West Adams 75% Leased
Brand New Const. Fourplex in West Adams 75% Leased
Marketing description
The 2-4 Unit Specialists are excited to present 2847 S Victoria Ave, a brand-new 2026-built, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles' most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Cafe, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is generating over $221k in annual rent, offering a strong projected cap rate of 5.87% and exceptional return on investment.
The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today's renters.
All units have been leased within the last 45 days and we are projected to achieve $4,795 on the remaining vacant unit. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder's warranty for peace of mind.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2847 S Victoria Ave is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
This is your chance to own a turnkey investment in one of LA's hottest neighborhoods, don't miss out!
Investment highlights
- ALREADY 75% LEASED! Making you money on day 1!
- NO RENT CONTROL!
- Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants!
- Outstanding cap rate of 5.87%!
- One of the best priced luxury new construction fourplexes in the Mid-City/West Adams area.
- Residential, tree-lined street!
- Boasts high-end, modern finishes and convenient in-unit laundry.
- Ideal unit mix of three 4 bedrooms and one 3 bedroom! 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.
- Short drive to countless trendy restaurants, shops and mixed-use developments such as Highly Likely, the Culver Steps, and Platform!
- An impressive walk score of 85!
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