Description

Introducing 1843 W. 20th, a 2023 new construction modern fourplex featuring 16 bedrooms and 16 bathrooms. Nestled in a prime location, less than 2 miles from both DTLA and the University of Southern California, this property offers a luxurious living experience. The property boasts two units with 4 beds and 4.5 baths, as well as two units with 4 beds and 3 baths. Impressively designed, the front units are equipped with beautiful balconies, providing views of the DTLA skyline and the Verdugo mountains. Each unit features large windows that create an inviting atmosphere, allowing natural light to flow throughout the living space. The open floor plans make it the perfect space for entertainment. The kitchens come equipped with custom cabinets and stainless steel appliances. The bedrooms are generously sized and come with their own luxurious bathrooms, complete with modern fixtures and finishes. Each unit comes with 2 parking spaces, ensuring the convenience and safety of the residents. This property is a true masterpiece, offering an unparalleled living experience. We are projecting a 5.28% cap rate with anticipated rents of $4,500 for the front units (4 bed / 4.5 bath) & $4,350 for the rear units (4 bed / 3 bath). This street has experienced tremendous development over the past few years, which has transformed the area and led to increased rental income and property value. Don't miss out on the opportunity to own this exceptional income property in a thriving area of Los Angeles.

Features

• 0.12 Acres
• 3 Stories