Property · 2 recorded sales since 2018
Listing Agent: Seth Hamilton (DRE #01897619) · Listing Office: Citivest Realty Services, Inc · Contact: 714-553-2001 · Bought with: Vick Mansourian · Executive Property Realty · MLS #PW21106634 · Source: CRMLS
New construction, no rent control, large 3-4 bedroom units, high-yield, and a quickly appreciating neighborhood. What more could you ask of a multifamily asset? All units are generously sized three and four bedroom layouts with two garage spaces, private laundry rooms, and plenty of natural light. Units 4 and 5 at the rear of the property each have their own private yards. This new construction five unit property is located in Montecito Heights, just minutes from DTLA, Ascot Hills Park, Debs Park, Pasadena and walkable to many restaurants such as Bambino Stone Pizza. The property has been built with a high attention to detail by one of the most active contractors in the city, Truebuilt Construction, and comes fully warrantied. The new owner will enjoy a turn-key property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. The property is completed with drought tolerant landscaping, energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property. This new construction property is sure to impress even the most discerning investors and tenants with such a rare opportunity to enjoy the best of LA lifestyle and property ownership. Please view the 3D walkthrough by the clicking the Virtual Tour Link.
Listing description from the September 2021 sale, as reported to CRMLS.