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4442 Turquoise Street

Los Angeles, CA 90032
  • $2,750,000
  • STATUS: ACTIVE
  • ON SITE: 43 Days
  • ID#: DW23195475
UPDATED: 138 min ago
$2,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles. Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. 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, non-commercial 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/144665627
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4442 Turquoise Street Los Angeles, CA 90032

  • Price: $2,750,000
  • Status: ACTIVE
  • On Site: 43 Days
  • Updated: 138 min ago
  • ID#: DW23195475
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Los Angeles (90032)
County:
Los Angeles
Area:
Los Angeles (90032)
Property Description
Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles. Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles.
Exterior Features

Irrigation Drip Parking Garage Desc Unit1 Assigned Pool N/K

Interior Features

Stories 3 Story Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

Property Features

Actual Cap Rate 6.0 Annual Expense Actual 40987 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 8.0 Gross Scheduled Income Actual 228000 Home Owners Fees 0.0 Terms CashConventional Zoning Builder

San Diego MLS logo Listing provided courtesy of John Kim of Keller Williams Sela: 818-357-8680. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. 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, non-commercial 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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