
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26046521
Construction Status Turnkey
HOA Y/N No
Year Built 2026
Lot Size 4,782 Sqft
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
PRIME Hi-Fi LOCATION | 6% PROFORMA CAP | NO RENT CONTROL
This is a rare opportunity to acquire a brand-new, high-yield asset in one of Los Angeles' most supply-constrained and aggressively appreciating rental markets. Located just minutes from Silver Lake, this newly constructed four-unit luxury community offers immediate cash flow with long-term upside.
Certificate of Occupancy is in hand. The property can be delivered fully leased at market rents, providing day-one stabilized income. With no rent control restrictions, investors retain full operational flexibility and future rental growth potential —a significant advantage.
Offered at a projected 6% cap rate, in a neighborhood where new construction inventory is extremely limited and rental demand consistently outpaces supply. The property consists of two modern brand-new structures totaling four premium units. Each residence features highly desirable floorplans, private laundry rooms, tandem parking, and upscale finishes designed to attract high-credit tenants. Each unit is separately metered for all utilities, plus dedicated common-area meters, allow for clean expense allocation and streamlined management.
Built for durability and efficiency, the property includes solar systems, energy-efficient appliances, drought-tolerant landscaping, and low-maintenance materials — minimizing operating costs while maximizing long-term performance. As new construction, the asset offers the added benefit of reduced capital expenditure risk and a one-year builder fit and finish warranty.
Positioned between Hollywood and Silver Lake in Historic Filipino town, the location commands premium rents driven by proximity to tech hubs, creative industries, nightlife, dining, and retail. Rental comps in the immediate area continue to push upward, supported by a stable, high-income tenant base.
For investors seeking a turnkey, low-maintenance, high-performing asset in one of LA's strongest rental corridors — this opportunity checks every box. Contact us for full financials or to learn more about the developer's additional new construction opportunities throughout Los Angeles.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Interior Features Balcony, Quartz Counters, Recessed Lighting
Heating Central, ENERGY STAR Qualified Equipment
Cooling Central Air, ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer
Laundry Inside, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Tandem, Uncovered
Fence Wrought Iron
Pool None
Community Features Gutter(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Hills, Neighborhood
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5156024001
Security Features Fire Detection System,Key Card Entry,Smoke Detector(s)
Acceptable Financing Submit
Green/Energy Cert Solar
Listing Terms Submit
Special Listing Condition Standard

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