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New Construction - NO Rent Control - Positive CASH FLOW investment opportunity

Newly Built 3 Units - West Adams - Large Units

Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Elfyer - Los Angeles, CA House - For Sale
Turn-key offering - Brand New Construction - No Rent Control - All units vacant and ready for new owner to select their own tenants. Two separate buildings - Large 2-story front house (#1916) with 4+3.5, open floorplan, inside laundry, kitchen with built-ins, private patio and 2-car garage. Rear duplex offers 3+3 upstairs unit (#1912) and 3+2 lower unit (#1914); All units with private W&D hookups, central AC/Heat, private outdoor patios, four open parking spaces for duplex. Securely gated behind auto driveway gate. Close to USC, DTLA and 10 freeway. Contact Gary for full Offering Memorandum.
  • Brand New 3 Units - All delivered Vacant
  • 4 Bed +3.5 Bath Front House
  • Listed below $600K per unit & $405 per sq ft
  • 7.3% Estimated Cash/Cash return
  • No Rent Control - Close to USC & DTLA
  • Rear duplex - 3+3 & 3+2 - all with private patio
  • 6.2% Cap Rate & 11.9 GRM
  • Unique opportunity - Owner may select own tenants
MLS: 21-683868
Sq Ft: 4,445
Yr Built: 2020
Bdrms: 10
Baths: 8.5
Pool: No
Parking: 2 Car Garage
Asking: $1,799,000
Property Address
1912-1914-1916 W 23rd St
Los Angeles, CA
90018
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Gary Tani
310-213-0522
Contact Agent
Visit Agent Website
Lic#: 00790615
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Coldwell Banker SPECTRUM
933 Crenshaw Blvd. 
  Los Angeles, CA 90019
310.213.0522

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