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$3,590,000

Beds
14
sq ft
6,132

8662 Cadillac Ave, Los Angeles, CA 90034

8662 Cadillac Ave

Los Angeles, CA 90034

  • 76 days on market
    • Price drop $108,000↓
Discover 8662-8664 Cadillac Ave, a premier investment property that just wrapped construction March 2024 in Mid-City, bordered by the highly desirable neighborhoods of Beverlywood and Faircrest Heights. This property presents the opportunity to purchase 2 adjoined lots (with 2 APNs) with mirrored site plans totaling 4,996 SF of land and 6,312 SF of building area. Each lot houses 1 attached 2-unit structure with each unit spanning 3 levels, totaling 4 units across 2 structures. Leasing for all 4 units is in progress.Both the exterior and interiors of these residences feature minimalist contemporary design, providing tenants with elevated finishes and attainable luxury living. The most discerning renters will love the large picture windows flooding the living spaces with natural light, living room and bedroom balconies, ensuite bedrooms with walk-in closets, and the elegant black-and-white kitchen color scheme with marbled quartz countertops. Front yards, on-site parking, and motorized gates provide privacy and security to complete these homes.Situated in the bustling and ever-growing Mid-City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high-quality lifestyle but also promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.

Details

Property type

Property condition

New Construction

Lot size

4,996 sq ft

Price per sq ft

$586

Year built

2024

HOA

No

Price History

04/30/2024
CLAW

CLAW #24380555

Price change
$3,590,000
-2.92%
04/16/2024
CLAW

CLAW #24380555

Listed
$3,698,000

Schools & Community

Neighborhood: 

Crestview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 07/01/2024 at 8:00 AM

Listing updated: 04/30/2024 at 12:51 PM

Listed by: Yohann Bensimon, Keller Williams Hollywood Hills Phone #: (310) 623-1300

MLS: CLAW #24380555

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