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***SEE ATTACHED SETUP*** RIDICULOUSLY RARE HIGH CAP,TROPHY 6 UNIT!...COMPLETELY STRIPPED TO THE STUDS AND REMODELED BUILDING,WITH BOLTED FOUNDATION!DEVELOPER HAS A FANATICAL EYE FOR DETAIL FROM 35+ YEARS EXPERIENCE DESIGNING APTS, AND HAS SPARED NO EXPENSE.THE ENTIRE EXTERIOR HAS BEEN EXTENSIVELY REMODELED: NEW MOLDINGS, DESERT LANDSCAPING, AND STUNNING LED LIGHTING.IT IS A MUST SEE IN THE EVENING. ALL 6 UNITS HAVE CENTRAL AIR AND HEAT WITH COPPER PIPING, AND UPGRADED ELECTRIC (100 AMPS). NEW WINDOWS, SEPARATE WATER HEATERS, ORIGINAL OAKWOOD HARDWOOD FLOORS, GRANITE COUNTER-TOPS, NEW CABINETS AND STAINLESS STEEL APPLIANCES,STACK WASHER DRYERS IN ALL UNITS, CUSTOM MAHOGANY CLOSETS,JACUZI TUBS,CONTROLLED ENTRY, AND MOTORIZED GARAGE DOORS.TENANTS PAY FOR ALL UTILITIES INCLUDING WATER, TRASH, ELECTRIC,AND GAS! ALL WITH INDIVIDUAL METERS AND DORMERS TO KEEPCOSTS DOWN. MINERAL RIGHTS ARE NOT INCLUDED IN THE SALE.ALL INFORMATION IS DEEMED TO BE RELIABLE HOWEVER ACCURACY MUST VERIFIED BY BUYER.
Charles Dunn Company is pleased to present 4351 Normal Avenue, an incredible opportunity to acquire an extensively renovated multi-family investment property located in the red-hot, East Hollywood submarket of Los Angeles. The property is fully leased and achieving strong rents and stabilized cash flow with remaining upside. Originally constructed in 1918 but renovated in 2015, the 2-story building features an excellent unit mix of large units that include 2-bedroom, 1-bedroom and studio units. Ten of the twelve apartments have been completely renovated and feature high-quality, stylish finishes. In addition to the extensive unit renovations, the common areas, exterior and building systems have all been renovated or replaced as well.
The building is newer construction and includes a unit mix of eight two-bedroom/two-and-half-bath units, two threebedroom/ two-and-half-bath units, three three-bedroom/three-and-a-half bath units, and finally one four-bedroom/ three-and-a-half bath unit. All units are luxurious and have fireplaces in living rooms along with the master bedrooms. Between the location, high rent potential and favorable improvement ratio, this property makes for a great multifamily value-add opportunity. Or, the units can be sold separately since they are all mapped as condos.
Wonderful Triplex in sought after Beachwood Canyon! Property has a two story Spanish style duplex at the front & a separate unit at the rear. The units in the duplex feature spacious rooms & great original details including hardwood floors, decorative fireplaces, porch/balconies, separate dining & breakfast rooms, full bathrooms & interior laundry rooms. Fenced front yard for privacy & extra outside space plus patio in rear. Back unit has a cozy living room, flexible great room, dining area, kitchen, one bedroom and a convertible den with closet and French door. A fenced patio makes for great indoor/outdoor living. Parking for 6 cars. The front units each have one garage space & one assigned space directly in front, two side by side spaces serve the back unit. Rear unit will be delivered vacant at COE. Well maintained by the Seller who has updated the wiring, plumbing and re-roofed during ownership. Close to the heart of Hollywood and restaurants, shopping and entertainment. Buyer to cooperate with Seller's 1030 exchange at no cost or liability to buyer Please put offers on RIPA form.
Located on Saticoy Street in North Hollywood, California, and built in 1961. This multi-family complex is R3 zoned offering 8,832 rentable square footage on a 12,067 square foot lot. The building offers a unit mix of four 1 Bed/ 1 Bath, and eight 2 Bed/ 1 Bath units. Unit amenities include resilient flooring, stove-tops, individual air-conditioners, Formica countertops, mirrored closet doors, and copper plumbing. In addition to the unit amenities, the building offers a flat roof, laundry room, central courtyard, two gardens, secure gate parking/ entry, eight security cameras.
Fully remodeled, income producing SFR located in a highly desirable area of West Hills. Property is continuously 100% rented out and earns far more rent than any similar home. Garage has been converted providing a large living space, fully upgraded bathroom, kitchen w/ gas stove, walk-in closet, dedicated AC/ Heat unit and large room. So much to appreciate; especially the return. Fantastic opportunity to make a double investment in a fully remodeled home and income producing property with great ROI. Contact Eddie for showings
KOREATOWN FOURPLEX- NEW CONSTRUCTION - We are proud offer a new construction luxury fourplex in high demand Koreatown. Each of the four 3bed/2bath units are built into two separate duplexes, offering privacy, quiet living, and stable tenants. Because of the new construction these units are without rent control. They are finished with high quality materials, private laundry rooms, separate utility meters for each unit, and include all kitchen appliances in stainless steel. This new construction property is truly a turn-key cash flow investment. New construction properties such as this are a rare find and when available for lease capture $2,800/unit or higher. Rents of $2,800/unit bring an 11.90 GRM and 6.4% Cap Rate, outperforming the LA market, in which new construction sales trade at 4.9% Cap Rates and 15.20 GRM. The developer is currently accepting offers for the development and is certain it will sell quickly.
The Flashman Investment Group is proud to present 1808 Oakwood Avenue in Glendale, a well maintained six unit building in the heart of one of the largest financial centers of California. The complex consist of four one bedroom/one bath units and two two bedroom/one bath units with parking available for tenants and immediate upside in rents for an investor. The turnkey complex is located within minutes from the American at Brand, transportation and all Glendale has to offer.
Delightful duplex with one remodeled unit of 2 bedrooms & one bath , formerly used by the owner. The other unit of 2 bedrooms and 1 bath is occupied by long time tenants. Very quite tenants. Parking for 2 cars, automatic gate. Coin washer & Dryer in the premises. No sign on property drive-by only. Assessor say duplex but there is one unit guest room at the back with 1 bedroom/1 bath rented for $690.00 Seller selects services. Buyer's sole responsibility to verify all information of the subject property including square foot, bedrooms, bathrooms and all permits.
Gorgeous triplex in prime Studio City with 2 two bedroom units and a one bedroom cottage with a private front yard. There are hardwood floors, in unit washer/dryers as well as private garages. The property is zoned to build 9 units in the future.