Current 6% Cap Rate, great opportunity to purchase new 5 unit construction ideally located in the heart of Hollywood. Unmatched contemporary living in this exquisite, newly built 5 townhouses. Spread out across 3 separate structures, the front building is a 3 story single family with covered Garage 3 bed 3 1/2 bath and 2 Duplexes each 3 bed 3 1/2 bath. All townhomes have one bedroom 1 bath on the first floor, living area, kitchen, powder room on the 2nd level and 2 bed 2 baths on the 3rd floor. Each unit is individually metered for Gas, water and Electric, has it's own water heater, AC unit. Gated in front, Low maintenance, low expenses. Close to Downtown, Korea town, Echo part, Hollywood, transportation, entertainment etc. Great investment with 14.2 GRM and 5.6 Cap Rate. Easy to show. Step into this impeccably designed home to discover a meticulously crafted European kitchen with modern cabinets, elegant countertops, and a large kitchen island, stainless steel appliances, double-door fridge, dishwasher, stove, in unit washer and dryer, Bright units with plenty of window and balconies perfect ambiance for relaxation and entertainment. Enjoy the sophisticated design, impeccable finishes, and meticulous attention to detail that define each unit, easy access to freeways, public transportation, and local parks, providing residents with the opportunity to explore the finest attractions that Hollywood, Korea town and Los Angeles have to offer.
