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5335 W Homeside Avenue

Los Angeles (City), CA 90016
  • $2,999,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: IG22029278
UPDATED: 53 min ago
$2,999,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Tejinder Singh of Gold Team Realty (951-735-0022)


Description

BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterranean), Alta (modern soul food), Open Food Shop (Scandinavian), Bees Taqueria, Delicious Pizza, Adams Coffee / ADAMS Wine Shop and Vees Cafe. Easy access to the 10 Freeway, Downtown, and the beach. Short drive to LACMA, The Grove, and Farmers Market makes this the most desirable location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/125969841
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5335 W Homeside Avenue Los Angeles (City), CA 90016

  • Price: $2,999,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 53 min ago
  • ID#: IG22029278
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2022
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
BRAND NEW 2022 CONSTRUCTION featuring 3 units, perfect for investment in the high demand vibrant West Adams area of L.A. next to Culver City! WOW 4.8% CAP RATE!! NO LA CITY RENT CONTROL. Endless possibilities, one unit could become your family home and let income from the two renters pay the mortgage. This beautifully designed triplex consists of a Front main house with 4 bedrooms, 3-1/2 baths 1,788 sq. ft plus an attached covered car port and a landscaped front yard. Rear Duplex with 4 bedrooms 4 bath each unit (12 bedrooms and 11 & half baths total). 5337 and 5337-1/2 at 1,363 sq. ft and 1330 sq. ft respectively plus with a landscaped back yard for entertaining, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom & a in-unit laundry. Green Certified, Light and Bright town-home style built to luxurious quality Open floor plan, Large windows, Quartz counters, crisp white cabinetry, tiled back splash, in-unit washer dryer, walk-in closets, separate NEST thermostat for each floor, private balconies, Samsung appliances, parking for 6 cars, separately metered for water, gas, and electric. Individual landscaped yards for each unit. Views to City lights, Century City and the HOLLYWOOD sign. Walk or bike to the new upcoming CUMULUS COMPLEX, the upcoming high-end living + retail destination, offering an array of lifestyle choices with state-of-the-art amenities (with soon to arrive Whole Foods), La Cienega/Jefferson Metro rail station on the Expo line, Famous Normandie Bakery (French), TARTINE BAKERY, Mizla LA (Mediterranean), Alta (modern soul food), Open Food Shop (Scandinavian), Bees Taqueria, Delicious Pizza, Adams Coffee / ADAMS Wine Shop and Vees Cafe. Easy access to the 10 Freeway, Downtown, and the beach. Short drive to LACMA, The Grove, and Farmers Market makes this the most desirable location.
Exterior Features

Architectural Style Contemporary Carport Spaces 1 Carport YN Yes Construction Materials Stucco Fencing Wood Foundation Details Raised Lot Features Back YardDrip Irrigation/BubblersFront YardLandscapedNear Public Transit Number Of Separate Electric Meters 3 Open Parking Spaces 5 Parking Features Attached CarportConcretePavedShared DrivewaySide By SideTandemUncovered Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes View City LightsHills View YN Yes

Interior Features

Accessibility Features Parking Appliances DishwasherGas RangeGas Water HeaterTankless Water HeaterWater To RefrigeratorDryerWasher Common Walls 1 Common Wall Cooling Central AirElectricZoned Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating CentralNatural GasZoned Heating YN Yes Interior Features BalconyPantryRecessed LightingSolid Surface CountersWired For Data

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.89 Common Interest None Community Features Biking Electric Electricity - On Property220 Volts in Garage Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 192000 Gross Scheduled Income 192000 Insurance Expense 1400 Land Lease YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFha Maintenance Expense 1300 Net Operating Income 146640 New Construction YN Yes New Taxes Expense 36000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 39600 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemFire Sprinkler SystemSecurity GateSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedUnderground UtilitiesWater Connected Vacancy Allowance 5760 Water Sewer Expense 0 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Tejinder Singh of Gold Team Realty (951-735-0022)