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Key Details
Sold Price $3,880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,162 sqft
Price per Sqft $475
MLS Listing ID 24418909
Sold Date 02/27/25
Bedrooms 14
HOA Y/N No
Year Built 2024
Lot Size 6,695 Sqft
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!
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Attached Carport, Door-Multi, Garage
Attached Garage Yes
Total Parking Spaces 8
Building
Story 3
Entry Level Multi/Split
Architectural Style Modern
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5493005027
Special Listing Condition Standard
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Bought with Serena Shlomof • Onward Capital, Inc.
Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.
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