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Sold for $3,880,000 on 02/27/25
  • $3,880,000

    354 Newland St, Los Angeles, CA 90042

    14beds
    17baths
    8,162sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $3,796,900 Zestimate®
    $475/sqft
    $2,444 Estimated rent

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    $2,444/mo

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    $2,444/mo

    Rent Zestimate®

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    $24,106/mo

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    $24,106/mo

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    What's special

    Onward Capital as an exclusive broker is pleased to present a brand-new 5-unit complex (2 Duplex's and large ADU) for sale. This 5-unit property features 3- detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (2) 4 bed, 5 bath units, (2) 3 bed, 3 bath units and one studio apartment.354 N Newland is a NON-RENT CONTOLLED and SPACIOUS 5-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ HIGHLAND PARK LOCATIONDELIVERED. 100% LEASED AT A TRUE 5.25% CAP. 8 PARKING SPOTS (2) PER UNIT AND 1 GARAGE! LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2025 at 10:13am

    Listed by:

    Serena Shlomof DRE # 01986310 310-780-1146,

    Onward Capital, Inc. 310-728-9969

    Bought with:

    Serena Shlomof, DRE # 01986310

    Onward Capital, Inc.

    Source: CLAW,MLS#: 24-418909MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 17
    Heating
    • Central
    Cooling
    • Air Conditioning, Central Air, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Ice Maker, Exhaust Fan, Refrigerator, Range/Oven, Washer
    Interior area
    • Total structure area: 8,162
    • Total interior livable area: 8,162 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached Carport, Garage - 2 Car
    • Has attached garage: Yes
    • Has carport: Yes
    Features
    • Levels: Multi/Split
    • Stories: 3
    Lot
    • Size: 6,695 sqft
    Details
    • Additional structures: None
    • Parcel number: 5493005027
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Multi Family
    Condition
    • Year built: 2024

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $3,796,900