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3994 La Salle Ave

Los Angeles CA 90062

12
16
6451 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Stunning Semi-New Construction Fourplex in the Heart of Los Angeles! Welcome to an exceptional investment opportunity near USC, world-class museums, Exposition Park, the LA Memorial Coliseum, Downtown Los Angeles, the Crypto Arena, premier shopping, and dining. This prime property offers modern living and strong financial performance with a current cap rate of 5.00% with GRM of 15.8. This newly built fourplex is green-certified and categorized as an A building. Showcases four spacious units, each thoughtfully designed with 3 bedrooms. Two units feature 3.5 bathrooms with 1,900 sqft, while the other two offer 3 bathrooms with 1,699.5 Sqft, for a combined total of 12 bedrooms with 13 bathrooms. Key Features: Upscale finishes & superior new construction quality. Each unit separately metered no utility expenses for landlord. Potential to convert the 4-car tandem garage into an ADU without requiring extra parking, enhancing the proforma cap rate. Open-concept living with bright living rooms, dining areas & gourmet kitchens. Kitchens with quartz countertops & stainless steel appliances. Generously sized bedrooms with ample closets. Modern bathrooms with sleek designs. In-unit laundry & central HVAC. Private yard. Fully paid-off solar panels adding long-term savings & value. This property offers investors positive cash flow potential, new construction, minimal maintenance costs, and long-term appreciation in one of Los Angeles most historically strong rental markets. Dont miss this rare opportunity to own a turnkey, income-generating multi-family asset in a highly desirable location! Inquire today! PRIVATE REMARKS: Questions? Text Gil at (562) 217-7646. No showings at this time; drive-by only. Please be courteousdo not disturb occupants. Submit complete offers to Mr.Sharpstone@gmail.com.

Features

12 bedrooms
16 bathrooms
6451 sq. ft. lot size
Multi-Family

Property history for 3994 La Salle Ave

2024
Sold
$2,370,000
20 Jun 2024 by Drew Dunn, of Drew Dunn, Broker
2024
Rented
Undisclosed
23 Mar 2024 by Drew Dunn, Broker
2021
Sold
$607,950
23 Aug 2021 by Maria Ruvalcaba, of Realty Masters&Associates Inc

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Local market activity for 12 bedroom multi families in Los Angeles

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