Property · 2 recorded sales since 2015
Listing Agent: Aaron Biston (DRE #00829493) · Listing Office: Uzan Realty · Bought with: Sam Shakerchi · Teles Properties, Inc. · MLS #16135692 · Source: CRMLS
SEE ATTACHED SETUP!! INCREDIBLY HIGH 5.30% CAP RATE!!! NEW CONSTRUCTION [EXCLUDING FRAMING & FOUNDATION] TROPHY 9 UNIT!!! THE DEVELOPER HAS A FANATICAL EYE FOR DETAIL FROM 35+ YEARS EXPERIENCE DESIGNING APTS, AND HAS SPARED NO EXPENSE (WELL OVER 700K WAS SPENT). THE ENTIRE PROPERTY HAS JUST BEEN EXTENSIVELY REMODELED WITH A CUTTING EDGE MODERN AESTHETIC, DESERT LANDSCAPING, AND STUNNING LED LIGHTING.***TENANTS PAY FOR ALL UTILITIES INCLUDING WATER, TRASH, ELECTRIC, AND GAS! ALL UNITS HAVE INDIVIDUAL METERS***ALL 9 UNITS HAVE THE FOLLOWING: *NEW CENTRAL AIR AND HEAT WITH SMART THERMOSTATS *NEW COPPER PIPING, NEW ELECTRIC WIRING AND PANELS *NEW WINDOWS *NEW INDIVIDUAL TANKLESS HOT WATER HEATERS *NEW HARDWOOD FLOORS *NEW CABINETS, QUARTZ COUNTER-TOPS, MOSAIC TILE BACK-SPLASH *NEW ENERGY EFFICIENT STAINLESS STEEL APPLIANCES *NEW STACK WASHER DRYERS *EXCEPTIONALLY LARGE CUSTOM CLOSETS *GLAMOROUSLY DESIGNED TILED BATHROOMS *PHONE BUZZER CONTROLLED ENTRY *7 PARKING SPACES *BOLTED FOUNDATION
Listing description from the August 2016 sale, as reported to CRMLS.