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3994 S La Salle Avenue, Los Angeles, CA 90062

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For Sale
Sale Pending

$2,400,000

12 beds12 baths2 half baths7,199 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $333.38
    Price per square foot

  • New Construction, 1-5 Years Old
    Age

Explore this Property

Introducing this stunning new construction quadplex, proudly green-certified, nestled in the vibrant city of Los Angeles! Merely 1.3 miles from USC, an easy 6-minute bike ride away, this prime property boasts four units, each featuring 3 bedrooms. Among these, two units offer 3.5 bathrooms, while the remaining two include 3 bathrooms, totaling 12 bedrooms and 13 bathrooms. Experience unparalleled luxury with upscale finishes and impeccable construction quality, all under a current cap rate of 5.38%. Each unit is separately metered, ensuring the landlord incurs no utility expenses. Moreover, seize the opportunity to transform the four-car tandem garage into an ADU (accessory dwelling unit) without the need for additional parking, potentially elevating the pro forma cap rate to 7.31%. By converting the side-by-side garage, a second ADU could be established, adding an extra 1-2-bedroom unit to significantly boost the cap rate. This presents an opportunity to potentially achieve a cap rate exceeding 8%, an unprecedented feat in new construction within this rapidly growing area. This customizable ADU could serve as a lucrative income source or a private living space, complete with kitchen, bathroom, and living area. Discover generously sized bedrooms with ample closet space and sleek, modern bathrooms. The open floor plans boast spacious living rooms, dining areas, and gourmet kitchens equipped with stainless steel appliances and quartz countertops. Enjoy the convenience of a private yard, in-unit laundry, central HVAC, and fully paid-off solar panels.This property offers a unique blend of contemporary amenities, cost-saving features, and income potential, making it a savvy investment choice in Los Angeles' thriving rental market. Benefit from its prime location with easy access to major roads, freeways, public transportation, and nearby amenities such as Starbucks, Exposition Park, Los Angeles Memorial Coliseum, and the Crypto Arena. Don't miss out on the opportunity to earn positive cash flow, leverage new construction tax benefits, minimize maintenance costs, and witness appreciation in one of Los Angeles' most historically robust markets.
MLS# OC24036012

Courtesy Of Drew Dunn, Broker

(323) 408-1080

Property Features

  • Age
    New Construction, 1-5 Years Old
  • Amenities
    Double Pane Windows, Security System, Security System, Attic
  • Appliances
    Cooktop - Gas, Dishwasher, Oven - Gas, Range, Range - Gas
  • Architecture Style
    Contemporary
  • Cooling System
    Central A/C
  • Exterior Type
    Aluminum Siding, Concrete, Wood Siding
  • Floor Covering
    Wood
  • Heating System
    Central Furnace
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Family Room, Full Bath, Half Bath, Laundry Room, Living Room
  • View Type
    Canyon, City, Mountain

Home seller CENTURY 21 Adams & Barnes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Adams & Barnes

(626) 358-1858
Learn More About Us

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