REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$3,500,000
Est. payment /mo
13 Beds
9 Baths
8,037 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26042142
Bedrooms 13
Lot Size 8,037 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
***Exceptional 5-unit investment property in Highland Park*** This project consists of three separate structures totaling 17 bedrooms and 12 bathrooms with brand new turnkey finishes. The original duplex (326 S Leslie & 5719 Omaha) has been taken down to the studs and fully remodeled with all new electrical and plumbing. There are two 3-bd / 2-ba units that are under RSO but leased at market rents. A brand-new duplex features two 4-bd / 3-ba units with large master suites and private patios with views. And newly built 3-bd / 2-ba ADU offers additional city views. Both if the new structures have solar panels and both ARE EXEMPT FROM LA AND CA RENT CONTROL. All units showcase brand-new appliances, wide luxury vinyl plank flooring, quartz countertops, designer tile baths and ample outdoor space for furry friends. There are 8 parking spots for the two duplexes...2 spots per unit. This property is an ideal 1031 exchange target or for an investor seeking a stabilized, high-quality income asset in a prime location just blocks from vibrant Figueroa Street and minutes to DTLA and Pasadena. This project is a legitimate 5.4 CAP based on new sales price and with property management. Additional photos, rents, and financials available upon request.
Location
State CA
County Los Angeles
Zoning See Remark
Direction N on Fig, E on Ave 57, N on Leslie
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5492004003
Acceptable Financing Conventional
Listing Terms Conventional
Read Less Info

Listed by David Coe, DRE#01825618 Equity Union
Nearby Locations
GET MORE INFORMATION





