439 W 89th St, Los Angeles, CA 90003
LIKE NO OTHER, WELCOME TO 439 W 89TH STREET - 100% NEW CONSTRUCTION 2020-NO RENT CONTROL AT ALL: 3-UNITS Opportunity knocks in the heart of Los Angeles under $275.00 per square foot! Each with 5 large bedrooms & 3 full bathrooms for a total of 15 bedrooms & 9 bathrooms combined. This carefully designed property consists of 2 separate buildings on a 7000 SQFT LOT with 1 independent unit equipped with an attached 1 garage and the 2nd building is detached with side by side units and a detached 2 car garage! This design choice is invaluable to Renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility. Each unit is individually metered for gas, water and electric making the operating expenses at a minimum! Location is ideal, centrally located to all public transportation and major freeways! We welcome your 1031 exchange here, cap rate is under 7.45% which makes this a sound long term sustainable real estate investment. Don't miss out on this one!