354 Newland Street

Los Angeles, CA 90042

PRICE REDUCED

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-$155,000 (-3.56%)

$4,195,000

List Price

14

bed Beds

17

shower Baths

8,162 sqft

straighten / sqft

2024

calendar_month Built

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!

Listing Information

List Price $4,195,000
Status Active
MLS 24418909
Type Residential Income
Year Built 2024
Lot Size 6,694
Structure Size 8,162
DOM 69
Courtesy Of Onward Capital, Inc.
Listing Agent Serena Shlomof DRE#01986310

Interior Features

Total Bedroom
Bedrooms 14
Total Bathroom
Bathrooms 17
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Serena Shlomof, Onward Capital, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.