Active
$2,850,000
5%
3 Units
11 Beds
10.50 Baths
7,711 Area(sq.ft.)
Lot: 5,294 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 4 | 3.50 | No | $ 5,950 | $ 5,950 | $ 5,950 |
| Unit 2 | 1 | 3 | 3.50 | No | $ 5,450 | $ 5,450 | $ 5,450 |
| Unit 3 | 1 | 4 | 3.50 | No | $ 5,490 | $ 5,490 | $ 5,490 |
| 3 | 11 | 12 | $ 16,890 | $ 16,890 | $ 16,890 |
| MLS #: | 24-452099 |
| Days On Market: | 421 |
| Listing Date: | October 11, 2024 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 370 |
| Price per unit: | $ 950,000 |
| Year Built: | 2023 |
Property Details
Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes, and sleek stainless steel appliances perfect for culinary adventures or entertaining guests. With tankless water heaters, in-unit laundry, and a 2-car side-by-side garage with direct access, these units redefine convenience and comfort. But that's not all! You're just 5 minutes away from Ventura Boulevard, home to trendy restaurants like Taisho, The Blvd, and Le Petit Trois. Plus, with easy access to freeways and shopping centers, everything you need is right at your fingertips!Don't miss out on this incredible opportunity to own one or both of these luxurious units! Priced at $2,999,000 each or $5,980,000 together, this is more than just a property it's a chance to secure passive income in one of Los Angeles' most desirable neighborhoods. Seize this opportunity and make these stunning homes yours today!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 202,680 |
| Total Annual Expense: | $ 8,255 |
| Net Operating Income: | $ 194,423 |
| Gross Annual Income: | $ 202,680 |
| Gross Rent Multiplier: | 14.70 |
Structure
| Type of Units: | Multi Level |
| Buildings: | 1 |
| Levels: | Multi/Split |
| Security Features: | Gated |
| Style: | Modern |
| Sewer: | In Street |
| View Description: | City, City Lights |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Attached, Garage Is Attached, Garage, Garage - 2 Car, Gated |
Interior
| AC/Cooling: | Air Conditioning, Central |
| Equipment: | Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven |
| Heating: | Central |
| Fireplace Rooms: | Kitchen, Bath, Living Room, Primary Bedroom |
| Kitchen Features: | Counter Top, Granite Counters |
| Laundry: | In Unit |
| Patio Features: | Roof Top Deck |
Exterior
| Exterior Construction: | Concrete, Hard Coat |
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
