Huge Price Adjustment-8.55% Current CAP Rate! 1539 W 37th Pl Immeuble residentiel 2 lots 2 541 937 € (1 270 968 €/Lot) Taux de capitalisation 8,55 % Los Angeles, CA 90018

Built in 2023, this new construction investment opportunity promises to be the best deal in all of Los Angeles with a super high Current In-place Cap Rate of 8.55% and a GIM of 9.34x's. We are pleased to offer this Co-Living apartment complex, located in the highly desirable 90018 zip code, and walking distance to the University of Southern California campus (USC). The investment has very low expenses due to the fact it's practically new and doesn't need every toilet and window replaced like most properties for sale in this submarket. It is now priced to sell very fast as the Seller has identified his replacement property and is ready to make a deal. With only a 35% Down Payment this investment will cash flow on Day 1 and is poised to appreciate in value right away. The property features (22) Bedrooms All with Private En-Suite Bathrooms rented individually on long-term leases. This upscale turnkey premier construction investment features hardwood floors, stainless steel kitchen appliances, quartz counter tops, glass enclosed showers, in-unit washer & dryers, new roof/copper plumbing (less than 2 years old), double pane windows, individually metered for all utilities: gas, electricity, & water and high-end finishes throughout the units. The building is approximately 6,630 rentable square feet on a 6,051 square foot lot, consisting of (1) 13-bedroom + 13-bathroom and (1) 9-bedroom + 9-bathroom units. This asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property can be acquired with the current management in place for an management expense for a true hassle-free turnkey investment. A new owner can also self manage the property keeping the expenses low and the cash flow as high as it is right now. There are numerous investment strategies for this investment that will not last long on the market with this insanely high CAP Rate and Return on Investment that is head and shoulders above all other investment opportunities that are available for sale on the market right now. Call listing agent right now to make a deal before it's gone.