Gated Fantastic Four-Plex in Coveted Miracle Mile Location. This turn-key 4plex has just gone through extensive renovations with new paint, new landscaping, new driveway. Charming Spanish property consisting of 2 side-by-side duplexes and 4 car garage situated on 10,650 SF corner lot. Two of the four 1 bd/1ba units have been remodeled with new kitchen, bathrooms, appliances, quartz countertops and HVAC.
One remodeled unit is rented for $2700 as of Feb 1, second remodeled unit can be delivered empty OR leased. Current cap with 2 market rents and 2 existing leases is 4% with projected cap of 5% Each unit features 1 bed + 1 bath with laundry in every unit. Two units are approx 857 sf each and the other two are approx 763 sf each. Each unit can have private outdoor space and parking. Perfect 1031 investment property. Don’t miss this trophy Income Property. Please do not disturb occupants.