3994 La Salle Los Angeles, CA 90062
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25232172
HOA Y/N No
Year Built 2022
Lot Size 6,451 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to an exceptional investment opportunity near USC, world-class museums, Exposition Park, the LA Memorial Coliseum, Downtown Los Angeles, the Crypto Arena, premier shopping, and dining. This prime property offers modern living and strong financial performance with a current cap rate of 5.00% with GRM of 15.8. This newly built fourplex is green-certified and categorized as an A building. Showcases four spacious units, each thoughtfully designed with 3 bedrooms. Two units feature 3.5 bathrooms with 1,900 sqft, while the other two offer 3 bathrooms with 1,699.5 Sqft, for a combined total of 12 bedrooms with 13 bathrooms.
Key Features: Upscale finishes & superior new construction quality. Each unit separately metered – no utility expenses for landlord. Potential to convert the 4-car tandem garage into an ADU without requiring extra parking, enhancing the proforma cap rate. Open-concept living with bright living rooms, dining areas & gourmet kitchens. Kitchens with quartz countertops & stainless steel appliances. Generously sized bedrooms with ample closets. Modern bathrooms with sleek designs. In-unit laundry & central HVAC. Private yard. Fully paid-off solar panels adding long-term savings & value.
This property offers investors positive cash flow potential, new construction, minimal maintenance costs, and long-term appreciation in one of Los Angeles' most historically strong rental markets.
Don't miss this rare opportunity to own a turnkey, income-generating multi-family asset in a highly desirable location! Inquire today!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Interior Features Attic, Bedroom on Main Level
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned, Garage, Gated
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5036029019
Acceptable Financing Cash to New Loan, Conventional
Green/Energy Cert Solar
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
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