Description
This is an amazing investment opportunity in a Newly Constructed FOURPLEX with NO RENT CONTROL. Located in a prime location in Studio City, this beautiful, extremely low-to-maintain FOUR-PLEX is comprised of FOUR TOWNHOMES with 4 separate meters for gas, water & electricity. RENT for all the 4 units is $24,000 per month ($12,000 Actual for 2 units and $12,000 Estimated for remaining 2 units). Estimated CAP RATE is 6.5%. Extremely LOW OPERATING COSTS (due to everything being new and energy efficient). In addition to monthly AIRBNB INCOME ranging from $3,000 to $5,000. PROPERTY is also fully AIRBNB equipped and ACTIVELY BOOKING. All 16 ROOMS have smart locks and come FULLY FURNISHED with flat screen TVs & Mini Fridges. All 4 KITCHENS come FULLY LOADED with sleek modern kitchen with stainless steel appliances (2 door modern refrigerator, dishwasher, microwave, oven, stove) and quartz countertops. ALL 16 BATHROOMS are HIGH END finished coming with elegant vanity cabinets and attached blow hair dryers. Each unit has its own separate private entrance alongside its own washer and dryer. Lot has 5 assigned private parking spaces inside, EV Car Charge and 2 car garages. The buildings have a gate for privacy and security. Lot also comes with security system and security cameras. Each townhome is 3 levels, on the FIRST LEVEL is a small reception area with a Bedroom & Full Bathroom which is ideal for guests, parents or in-laws. The SECOND LEVEL includes a fully loaded open concept kitchen with high-quality finishes, balconies, natural light with windows, and inviting open floorplan wit
Location
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BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
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prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 2nd June, 2023 6:37 PM (UTC)
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 2nd June, 2023 6:37 PM (UTC)
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