Winners all around with this great off-market fourplex sale! Our seller client was ready to move on to upgrade their investment property portfolio, and we were happy to connect them to another one of our clients looking to do a 1031 exchange. With a total of 12 bedrooms and 8 baths, this relatively new-construction property already collects market rents and is managed by 8PM, making it a seamless transition for our buyer client. Way to go, team!
The property consists of Four meticulously designed 3 Bed 2 Bath units in 2 separate buildings with 2 units per structure. Both 2-story buildings features an upper and lower unit with open floor plans, master bedrooms with walk-in closet, laundry room, quartz countertops in kitchen and bathrooms, custom window shades, whirlpool stainless steel appliances, white shaker custom cabinets, two-toned interior painting, Central HVAC, LED recessed lighting throughout, tankless water heaters, green certified, drought resistant landscaping, front decorative wood fence, security gate, plenty of parking. Individual meters for each unit – water, gas, and electric. Non-rent control. Near to USC, Coliseum, and the new Los Angeles Football / Soccer Club Stadium. Near to major transportation access, short drive to Staples Center & Dining Venues. A great investment property with very low maintenance. Perfect property for 4 families or as student housing rental.