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5335 W Homeside Avenue

Los Angeles, CA 90016
  • $2,999,000
  • STATUS: ACTIVE
  • ON SITE: 93 Days
  • ID#: IG22029278
UPDATED: 48 min ago
$2,999,000
  • 12
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterrane BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterranean), Alta (modern soul food), Open Food Shop (Scandinavian), Bees Taqueria, Delicious Pizza, Adams Coffee / ADAMS Wine Shop and Vees Cafe. Easy access to the 10 Freeway, Downtown, and the beach. Short drive to LACMA, The Grove, and Farmers Market makes this the most desirable location.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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5335 W Homeside Avenue Los Angeles, CA 90016

  • Price: $2,999,000
  • Status: ACTIVE
  • On Site: 93 Days
  • Updated: 48 min ago
  • ID#: IG22029278
12
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Los Angeles (90016)
County:
Los Angeles
Area:
Los Angeles (90016)
Property Description
BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterrane BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterranean), Alta (modern soul food), Open Food Shop (Scandinavian), Bees Taqueria, Delicious Pizza, Adams Coffee / ADAMS Wine Shop and Vees Cafe. Easy access to the 10 Freeway, Downtown, and the beach. Short drive to LACMA, The Grove, and Farmers Market makes this the most desirable location.
Exterior Features

Exterior Stucco Irrigation Drip Pool N/K

Interior Features

Cooling Central Forced AirZoned Area(S) Heat Equipment Zoned Areas Heat Source Natural Gas Stories 3 Story Total Baths Unit1 4 Total Baths Unit2 4 Total Baths Unit3 4 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type GasTankless

Property Features

Actual Cap Rate 4.89 Annual Expense Actual 39600 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.61 Gross Scheduled Income Actual 192000 Home Owners Fees 0.0 Possession Close Of Escrow Security Automatic Gate Terms CashConventionalExchangeFha Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Zoning Builder

San Diego MLS logo Listing provided courtesy of Gold Team Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106