BEAUTIFUL 2024 FOUR UNIT NEW CONSTRUCTION IN HIGHLY DESIRABLE PALMS NEIGHBORHOODWe are pleased to present this Green Certified new construction Four-Unit luxury complex. The developer is currently converting the purpose-built storage room to an ADU. This is the latest property built by new construction specialist TrueBuilt Construction, Inc. The property will be sold with all four units in turn-key condition and a proforma 5.51% Cap Rate.This property, located in the very hot market of Palms just a few minutes’ walk to Culver City attractions. Including, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, hip community and supporting services providing high-paying and stable jobs and future growth.This luxury complex is comprised of two structures, totaling four new construction townhomes, each with private laundry rooms and garage parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.
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DAYS ON MARKET
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122
|
LAST UPDATED
|
5/9/2024
|
|
YEAR BUILT
|
2024
|
COMMUNITY
|
Palms - Mar Vista
|
|
GARAGE SPACES
|
4.0
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COUNTY
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Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air, ENERGY STAR Qualified Equipment |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Heater |
| AREA |
Palms - Mar Vista |
| BUYER'S BROKERAGE COMPENSATION |
|
| EXTERIOR |
Balcony, Lighting |
| GARAGE |
Direct Access, Door-Single, Electric Gate, Garage, Garage Door Opener, Garage Faces Front, Yes |
| HEAT |
Central, ENERGY STAR Qualified Equipment |
| HOA DUES |
0 |
| INTERIOR |
Balcony, High Ceilings, Quartz Counters, Recessed Lighting, Storage, Two Story Ceilings, Wood Product Walls |
| LOT |
3624 sq ft |
| LOT DESCRIPTION |
Landscaped, Sprinkler System |
| PARKING |
Direct Access,Door-Single,Electric Gate,Garage Faces Front,Garage,Garage Door Opener |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3 |
| STYLE |
Mid-Century Modern, Modern |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Citivest Realty Services, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/7/24 4:19 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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