$5,500,000
NEW CONSTRUCTION

Estimated payment $34,803/month

Total Views 4,428
31 Beds
24 Baths
13,665 Sq Ft
$402 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Balcony
  • Panoramic View
  • Quartz Countertops
  • Double Pane Windows

About This Home

Step into the world of smart investing with this meticulously maintained multi-family property. Boasting a strategic location that promises both convenience and profitability, this property is a golden ticket for those looking to maximize their returns. Currently offering a whopping 4.93 Cap rate. rental income to long-term appreciation, this investment promises a wealth of opportunities for the discerning investor. We are proud to offer a newer 2023 built 12 Unit 5 story apartment building with roof top deck in Westchester. The occupants are paying for water, gas, sewer and electricity. The building is sub metered for water and hot water. Great unit mix of Seven 3br 2ba and Five 2br 2ba units. The building has an elevator for all 5 stories including the roof top deck. All units have large rooms and 1 balcony per unit. The units are equipped with stainless steel appliances and washer and dryer along with large windows for ample light in to the units. All units have central air condition and heating. All floors are built with trash Chutes for the convenience of the occupants. The building has a roof top deck with a panoramic view of the City and great to watch incoming airplanes. The building is a show piece with all the conveniences for the occupants with close proximity to Sofi Stadium, LAX, Fox hills mall, freeway access, restaurants and dock weiler beach. This is a great property to add to your Real Estate portfolio.

Listing Agent

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576 Listed on: 04/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,832 Sq Ft Lot
  • East Facing Home
  • Landscaped
  • Front and Side Yard Sprinklers

Property Views

  • Panoramic
  • City

Home Design

  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape
  • Metal Siding
  • Stucco

Interior Spaces

  • 13,665 Sq Ft Home
  • Elevator
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 31 Bedrooms
  • 24 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 16 Car Garage
  • Garage Door Opener
  • Automatic Gate

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • ADA Compliant
  • Balcony

Listing and Financial Details

  • The owner pays for gardener, electricity, water
  • Assessor Parcel Number 4103-022-009

Community Details

Overview

  • 12 Units
  • 5-Story Property

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Foyer
  • Living Area: 13665
  • Lot Acreage: 0.2257
  • Probate: No
  • Property Condition: New Construction
  • Stories: 5
  • Year Built: 2023
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator, Drywall Walls, Sump Pump, Recessed Lighting, Turnkey
  • Number Dishwasher: 12
  • Number Disposal: 12
  • Number Range: 12
  • Number Refrigerator: 12
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Microwave, Free Standing Gas
  • Bedrooms: 31
  • Bedroom Features: Primary Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub, Tile, Low Flow Toilet(s)
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit, In Closet
  • Laundry Equipment: Own
  • Total Bathrooms: 24.00
  • Equipment: Built-Ins, Elevator, Dryer, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 402.49
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: East
  • Construction: Metal Siding, Stucco
  • Other Features: Balcony, Sliding Glass Doors, Custom Built
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Paved: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 16
  • Parking Garage: Assigned, Community Garage, Door Opener
  • Total Parking: 16

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater, Gas
  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 12
  • Number Gas Meters: 12
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector, Exterior Security Lights
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front, Side
  • Additions Alterations: No
  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 378424
  • Assessed Land Percent: 70
  • Assessed Land Value: 882989
  • Total Assessed Value: 1261413
  • Assessor Parcel Number: 4103-022-009
  • Lot Description: Landscaped
  • Lot Size Area: 9832

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Electricity, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Move In Fee, Water, Hot Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.49
  • Number Of Units: 12
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 2%

Tax Info

  • Private Transfer Taxes: No

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $5,500,000 0.0% $402 / Sq Ft
05/26/2023 05/26/23 Rented $3,600 0.0% --
05/15/2023 05/15/23 Price Changed $3,600 -5.3% $3 / Sq Ft
02/01/2023 02/01/23 For Rent $3,800 0.0% --
04/05/2017 04/05/17 Sold $1,199,000 0.0% $351 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $1,199,000 -- $351 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25531491

The MLS

APN: 4103-022-009