It is a 2018 construction luxury fourplex located at the junction of Hancock Park, NoHo Arts District and Koreatown. The property is not subject to rent control. With a projected cap rate of over 5%, this is a great investment property to enjoy profit without headaches. Two 3 Bed / 3 Bath units that are situated side by side in 2-story “Townhome Style.”
Each unit has its own private entrance and 2-car tandem carport. There are total of 8 parking spaces. All units feature top of the line appliances, high quality finishes, spacious floor plans and laundry rooms.
To ensure low vacancy and attract high quality tenants, it is located in minutes away from the Wilshire offices, and LA Downtown attractions, steps from ethnic restaurants and specialized shops and many Hollywood Studios and great Hospitals.