Description
NEW CONSTRUCTION MID-CITYSIX UNIT TOWNHOME COMPLEX PLUS PLANS IN HAND FOR ADUWe are pleased to announce a fully leased NON-RENT-CONTROLLED, Green Certified and Solar equipped new construction six-unit complex. City of LA approved plans in hand for ADU that would bring this property to a 6.38% CAP. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.Incredible rent comps are being achieved in this neighborhood, driven largely by the the surrounding tech hubs and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, but the west side, which is adjacent to Beverly wood and Culver City, has enjoyed much of the demand.This non-rent-controlled luxury complex is comprised of three duplexes, totaling six new construction townhomes, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owners common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient buildingmaterials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.Please contact us regarding this opportunity or one of the sellers many other similar developments throughout Los Angeles.
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School Ratings & Info
Description
NEW CONSTRUCTION MID-CITYSIX UNIT TOWNHOME COMPLEX PLUS PLANS IN HAND FOR ADUWe are pleased to announce a fully leased NON-RENT-CONTROLLED, Green Certified and Solar equipped new construction six-unit complex. City of LA approved plans in hand for ADU that would bring this property to a 6.38% CAP. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.Incredible rent comps are being achieved in this neighborhood, driven largely by the the surrounding tech hubs and supporting services providing high-paying and stable jobs. Mid-City overall has been a very hot market, but the west side, which is adjacent to Beverly wood and Culver City, has enjoyed much of the demand.This non-rent-controlled luxury complex is comprised of three duplexes, totaling six new construction townhomes, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owners common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient buildingmaterials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.Please contact us regarding this opportunity or one of the sellers many other similar developments throughout Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.