Description
NEW CONSTRUCTION MID-CITY SIX UNIT TOWNHOME COMPLEX PLUS PLANS IN HAND FOR ADU We 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 owner s 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 building materials, 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 seller s many other similar developments throughout Los Angeles.
Location
"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 27th September, 2023 1:19 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 27th September, 2023 1:19 AM (UTC)
Listing Agent: Martin Fish
Listing Office: Citivest Realty Services, Inc
