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Sold for $2,300,000 on 10/03/23
  • Listing Provided by: 

    Drew Dunn DRE #01941825 323-408-1080,

    Four Brothers Real Estate, Inc.

    $2,300,000

    540 W 79th St, Los Angeles, CA 90044

    --beds
    --baths
    5,721sqft
    Quadruplex
    Built in 2023
    -- sqft lot
    $2,177,900 Zestimate®
    $402/sqft
    $2,993 Estimated rent

    What's special

    This new construction green-certified QUADPLEX is located in the bustling city of Los Angeles! Each of the four units features 4 bedrooms. Two of these units comprise 2.5 bathrooms each, while the other two consist of three bathrooms each, resulting in a combined total of 16 bedrooms and 11 bathrooms. .Don't miss out on this extraordinary opportunity! This deal offers unparalleled luxury with high-end finishes and exceptional construction quality, all backed by an incredible 6.21% cap rate. The bedrooms are well-sized with ample closet space as well as bathrooms featuring sleek designs and top-quality fixtures. The open floor plans include a living room, dining area, and a gourmet kitchen with stainless steel appliances and quartz countertops. The property also features a private yard, in-unit laundry, and central HVAC. Each unit is separately metered, which means that the landlord does not have to cover any of the utility expenses. In addition, this opportunity also offers has a value-add component allowing the future owner to convert the three car garage into an ADU (accessory dwelling unit). This would provide the potential for additional income or a separate living space for a family member or tenant. The ADU could be customized to fit your specific needs and can include features such as a kitchen, bathroom, and living area. This unique feature of the property offers endless possibilities and could provide a great return on investment. The property is sold with a 1-year builder warranty, which provides additional peace of mind for the buyer. This property offers a unique blend of modern amenities, cost-saving features, and income potential, making it an ideal choice for any savvy investor looking to capitalize on the thriving Los Angeles rental market. The property's prime location also adds to its appeal, providing easy access to major roads and freeways, as well as public transportation, making it a highly desirable location for tenants. The bus line is just 500 feet away, while your nearest Starbucks is a convenient 2 miles. SoFi Stadium and the USC campus are within a 4-mile distance, and the Crypto Arena is only 5 miles away. Experience the advantages of earning positive cash flow, enjoying accelerated tax benefits through new construction, benefiting from low maintenance costs, and witnessing appreciation in one of the most robust historical markets in Los Angeles.

    Zillow last checked: 7 hours ago

    Listing updated: October 03, 2023 at 07:17am

    Listing Provided by:

    Drew Dunn DRE #01941825 323-408-1080,

    Four Brothers Real Estate, Inc.

    Bought with:

    Duk Hee Kang, DRE #01980843

    Everyday Investment Group Inc

    Source: CRMLS,MLS#: OC23121539MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Vented Exhaust Fan
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Granite Counters, Open Floorplan, Recessed Lighting, Storage, Tandem, Unfurnished, Bedroom on Main Level, Primary Suite
    • Flooring: Wood
    • Windows: Blinds, Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,721
    • Total interior livable area: 5,721 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached Carport, Assigned, Controlled Entrance, Concrete, Covered, Door-Multi, Driveway Level, Door-Single, Driveway, Garage, Gated, On Site, Private, Garage Faces Rear, Side By Side, Tandem
    • Garage spaces: 3
    • Has carport: Yes
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Floor
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,580 sqft
    • Features: 0-1 Unit/Acre, Front Yard, Garden, Lawn, Landscaped
    Details
    • Parcel number: 6032028018
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Drywall, Concrete, Plaster, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
    Community
    • Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Gated
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Road surface type: Gravel, Paved
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,177,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,177,900