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Listed by Martin Fish • Citivest Realty Services, Inc
$ 4,850,000
Est. payment | /mo
10,814 SqFt
$ 4,850,000
Est. payment | /mo
10,814 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 10,814 sqft
Price per Sqft $448
MLS Listing ID CRPW25129179
HOA Y/N No
Year Built 2025
Lot Size 7,510 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
NEW CONSTRUCTION SIX UNIT LUXURY TOWNHOME COMPLEX LOCATED BETWEEN SILVERLAKE AND VIRGIL VILLAGE We are pleased to present this Green Certified new construction six-unit luxury townhome complex. Certificate of occupancy is anticipated any day and ready for new ownership. With a strong projected 6% cap rate in one of LA's hottest neighborhoods. This turnkey investment features premium finishes, in-unit laundry, and separate utility meters. Located between Virgil Village and very popular Silverlake, with trendy dining destinations, coffee shops, bars and boutique shopping, it's an ideal low-maintenance, high-return opportunity. Silver Lake is one of the hottest rental markets in the country, which is adjacent to Echo Park and Hollywood, has enjoyed much demand. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, hip community and supporting services providing high-paying and stable jobs. This luxury complex is comprised of three structures, totaling six new construction townhomes, each with private laundry rooms and garage parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner's common area electric meter for exterior lighting and common area water meter for se
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air, Other, ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplace No
Window Features ENERGY STAR Qualified Windows
Appliance Dryer
Laundry Dryer, Laundry Closet, Washer
Exterior
View City Lights, Mountain(s), Other
Building
Lot Description Sloped Up, Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745