354 Newland St

Los Angeles,CA 90042

$ 4195000

14 Beds

17 Baths

8162 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,162 sqft

Price per Sqft $513

MLS Listing ID 24-418909

Style Modern

Bedrooms 14

Year Built 2024

Lot Size 6,694 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area Highland Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central, Multi/Zone

Equipment Dryer, Dishwasher, Freezer, Garbage Disposal, Microwave, Ice Maker, Hood Fan, Refrigerator, Range/Oven, Washer

Exterior

Parking Features Carport Attached, Garage - 2 Car

Garage Spaces 8.0

Building

Story 3

Others

Special Listing Condition Standard

View More
Favorite Go Tour