$2,400,000
Pending
13 Days Online
0 Beds0 Baths7,199 SQFT
Pending

3994 S La Salle Avenue Los Angeles, CA 90062

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Introducing this stunning new construction quadplex, proudly green-certified, nestled in the vibrant city of Los Angeles! Merely 1.3 miles from USC, an easy 6-minute bike ride away, this prime property boasts four units, each featuring 3 bedrooms. Among these, two units offer 3.5 bathrooms, while the remaining two include 3 bathrooms, totaling 12 bedrooms and 13 bathrooms. Experience unparalleled luxury with upscale finishes and impeccable construction quality, all under a current cap rate of 5.38%. Each unit is separately metered, ensuring the landlord incurs no utility expenses. Moreover, seize the opportunity to transform the four-car tandem garage into an ADU (accessory dwelling unit) without the need for additional parking, potentially elevating the pro forma cap rate to 7.31%. By converting the side-by-side garage, a second ADU could be established, adding an extra 1-2-bedroom unit to significantly boost the cap rate. This presents an opportunity to potentially achieve a cap rate exceeding 8%, an unprecedented feat in new construction within this rapidly growing area. This customizable ADU could serve as a lucrative income source or a private living space, complete with kitchen, bathroom, and living area. Discover generously sized bedrooms with ample closet space and sleek, modern bathrooms. The open floor plans boast spacious living rooms, dining areas, and gourmet kitchens equipped with stainless steel appliances and quartz countertops. Enjoy the convenience of a private yard, in-unit laundry, central HVAC, and fully paid-off solar panels.This property offers a unique blend of contemporary amenities, cost-saving features, and income potential, making it a savvy investment choice in Los Angeles' thriving rental market. Benefit from its prime location with easy access to major roads, freeways, public transportation, and nearby amenities such as Starbucks, Exposition Park, Los Angeles Memorial Coliseum, and the Crypto Arena. Don't miss out on the opportunity to earn positive cash flow, leverage new construction tax benefits, minimize maintenance costs, and witness appreciation in one of Los Angeles' most historically robust markets.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusPending
  • MLS ID NumberOC24036012
  • Home Size Source N/A
  • Year Built2022
  • Lot Size0.148 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Contemporary
  • Construction Aluminum SidingConcretePlasterWood Siding
  • Parking AssignedTandem Garage
  • Parking Spaces 0
  • Sewer Public Sewer
  • Electric Photovoltaics Seller Owned
  • Number of Stories Three Or More3
  • Acreage 0.148
  • Water Public
  • Security Automatic GateCarbon Monoxide Detector(s)Fire and Smoke Detection SystemFire Sprinkler SystemFirewall(s)Gated CommunitySecurity SystemSmoke Detector(s)
  • Property Sub Type Quadruplex
  • Garage Spaces 0
  • Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
  • Foundation Slab
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled
  • Direction Faces South

Interior Features

  • Cooling Central AirDual
  • Heating Central
  • Appliances DishwasherGas OvenGas RangeGas CooktopRange HoodTankless Water Heater
  • Flooring Wood
  • Interior Granite CountersOpen FloorplanRecessed LightingStorageTandem
  • Fireplace Features None
  • Laundry Features Gas Dryer HookupWasher Hookup
  • Window Features BlindsDouble Pane Windows
  • Fireplace No

Exterior Features

  • Roof Composition
  • View CanyonCity LightsMountain(s)Neighborhood
  • Fencing WoodWrought Iron
  • Spa No
  • Pool Features None
  • Spa Features None
  • Exterior LightingRain Gutters
  • Lot 0-1 Unit/ Acre
  • Road Frontage City Street

Community Features

  • Association Dues 0
  • Community Features SidewalksStreet Lights
  • Senior Community No
  • MLS Area C34 - Los Angeles Southwest
  • Security Features Automatic GateCarbon Monoxide Detector(s)Fire and Smoke Detection SystemFire Sprinkler SystemFirewall(s)Gated CommunitySecurity SystemSmoke Detector(s)

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Monthly Payment (Est.)

$12,800
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