10925 Hesby is a luxurious 2018 CONSTRUCTION fourplex that is made up of four 3-story townhome style units. This property is in the final stages of construction, with completion estimated to be May or June 2018. This property provides investors an exceptional projected cap rate of 5.39%. In addition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1 year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. Not to mention, 10925 Hesby is located in an A+ neighborhood on a peaceful residential street sandwiched between Toluca Lake and the NoHo Arts District. A trophy property in an unbeatable location with a huge returnâ€“ that is a true recipe for success! The front building consists of two enormous 3 bedroom, 3.5 bathroom units totaling 3,000 square feet with projected rents of $3,825 per unit. The back building is made up of two 3 bedroom, 3 bathroom units, each 1,132 square feet, with projected rents of $3,550 a piece. There are three 2-car garages on site as well as two additional exterior parking spaces. The units feature top of the line appliances, high quality finishes, spacious floor plans and laundry hookups in unit.
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Listing Courtesy ofThe 2-4 Unit Specialists