tomo logo

$2,899,000

Beds
Unknown
sq ft
5,272

3765 Delmas Ter, Los Angeles, CA 90034

3765 Delmas Ter

Los Angeles, CA 90034

  • 135 days on market
BEAUTIFUL 2024 FOUR UNIT NEW CONSTRUCTION IN HIGHLY DESIRABLE PALMS NEIGHBORHOOD We are pleased to present this Green Certified new construction Four-Unit luxury complex. The developer is currently converting the purpose-built storage room to an ADU. This is the latest property built by new construction specialist TrueBuilt Construction, Inc. The property will be sold with all four units in turn-key condition and a proforma 5.51% Cap Rate. This property, located in the very hot market of Palms just a few minutes’ walk to Culver City attractions. Including, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, hip community and supporting services providing high-paying and stable jobs and future growth. This luxury complex is comprised of two structures, totaling four new construction townhomes, each with private laundry rooms and garage parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.

Details

Property type

Mixed Use

Est. home value

$737,071

Property condition

New Construction

Lot size

3,624 sq ft

Price per sq ft

$550

Year built

2024

Price History

05/09/2024
CRMLS

CRMLS #PW24094171

Listed
$2,899,000
+314.14%
05/11/2021
CLAW

CLAW #21697624

Sold
$700,000

Schools & Community

Neighborhood: 

Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Genesis Capital Llc

Loan start date

January 2023

Original loan amount

$1,785,000

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Building or Construction Loan

Seller

3765Dt Partners Lp

Lender

Genesis Capital Llc

Loan start date

January 2023

Original loan amount

$1,785,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Building or Construction Loan

Seller

3765Dt Partners Lp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 11:25 PM

Listing updated: 06/21/2024 at 2:09 PM

Listed by: Martin Fish, Citivest Realty Services, Inc Phone #: (714) 553-2001

MLS: CRMLS #PW24094171

CRMLS logo

Recently listed in Los Angeles