Gi Property 42 LLC 2937 West Blvd. Los Angeles CA US
Property Details
1
1
West Adams
Apartment
Description
LIKE NO OTHER: 2937 West Blvd is a brand-new construction OPPORTUNITY ZONE fourplex in the Ultra Hot West Adams District just minutes from Downtown Culver City and the Culver City Arts District! This is a rare opportunity to secure MAJOR tax benefits while owning a stunning one of one 2023 built non-rent control property. Front building features: one 3-story 5 bed, 5.5 bath- 2,273 of living Sq ft with an attached 2 car garage (335) sq ft including access to the roof top deck that provides an easy breezy outdoor living space with unmatched city views. The front unit is an attached 2-bedroom 1-bathroom ADU-970 Sq ft of functional living floor plan. The detached rear building features: two 3-story 4 bed, 4.5 bath-each unit is 1,757 Sq ft with an attached 2 car tandem garage (total Sq ft 370) including independent access to the roof top deck that provides unmatched city views. We project a combined gross monthly rent of $18,500 and a cap rate of 5.45%. This design choice is invaluable to renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility-lot size 7,787 and combined living sqft including garages 7,844. Each unit is individually metered for gas, water and electric making the operating expenses at a minimum! Additional amenities: Fully equipped with all appliances, custom mini blinds throughout, usable balconies, front building independent yard, a large rear patio for the rear building, high quality finishes, walk-in closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. It will be delivered with a 1-year builders warranty and rent ready-at no additional cost to Buyer Listing Agent will assist in securing tenants as needed. Commuters enjoy close proximity to several of the most ground-breaking mixed-use developments: Alsace LA Boutique Hotel, Zoe Lofts, Platform, the Culver City Steps (Amazon Studios head
Location
Address
2937 West Boulevard, Los Angeles, California 90016, United States
City
Los Angeles
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