Property Detail

Description

Modern 4-Unit Plus 1 ADU | 22 Beds, 22 Baths | Brand-New in Prime Los Angeles! Outstanding investment opportunity featuring a new construction 4-unit property plus 1 ADU in a highly desirable central Los Angeles location. Each unit showcases a modern open layout with high-quality finishes, spacious interiors, designer kitchens, and in-unit laundry. The property includes separate utility meters, solar panels, and ample parking with 4 garage spaces and 8 uncovered parking spots, all designed for low maintenance and strong rental demand. Pro forma income: Units 2011 & 2011½ each generate $5,700/month, Units 2013 & 2013½ each generate $6,000/month, and the ADU (Unit 2011¾) generates $3,500/month, for a total of approximately $26,900 monthly or $322,800 annually. Ideal for 1031 exchange buyers and investors seeking excellent cash flow and long-term appreciation potential. Conveniently located near Koreatown, USC, and Downtown Los Angeles—just 3.7 miles to The Grove, 2.8 miles to USC, and close to major freeways.