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Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB18048703
Sold Date 04/11/18
Construction Status Turnkey
HOA Y/N No
Year Built 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Description
5740 Case is a 2018 CONSTRUCTION ultra-luxury fourplex projecting a remarkable 5.53% cap rate. Located in the trendy NoHo Arts District, residents will have all of their favorite local hotspots within walking distance - practically guaranteeing your pick of the best tenants in town.
These units are NOT subject to rent control! So enjoy the freedom, profit and peace of mind that comes with high market rents when you purchase this building. With such strong return, this is a great place to park your money that requires little to no headaches or property management.
5740 Case is made up of two duplexes on one lot. Each of the four units has its own huge tandem 2-car garage with tons of extra storage space. That’s 8 garage spaces in total! Each townhome-style unit has 3 bedrooms and 3 full bathrooms spread across the second and third floors, as well as a large kitchen with top of the line appliances.
With spacious floor plans, luxury home finishes, laundry hookups in each unit and tasteful drought resistant landscaping, there’s not much more that you could ask for! Construction is near completion and will be available in early 2018.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside
Interior
Interior Features Open Floorplan, Storage, Walk-In Closet(s)
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Garage, Tandem
Garage Spaces 8.0
Garage Description 8.0
Fence Excellent Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Flat
Parking Type Garage, Tandem
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 2337026020
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Dan Adivi • Peak Commercial