1957 Vista Del Mar St Los Angeles, CA 90068

1957 Vista del Mar is a new construction fourplex in an A+ Hollywood Hills location with a conservative projected cap rate of 5.15%! Take a look at the marketing package (contact showing agent for more details) to review the amazing rent comps in this pocket! There have also been offers from “master lease” companies to rent all four units for as high as $19,000/month (which would bring you to a 5.39% cap rate).

Enjoy the stress-free nature of owning a building with NO RENT CONTROL, low vacancy and little to no maintenance! Other perks include: jaw-dropping views of the LA skyline, a 1-year builder’s warranty, brand new EVERYTHING, and separate meters for gas, water & electric.

In addition to having the most desirable layout (3-story townhouse style each with a private 2-car garage), the location is unsurpassable. It’s situated in the Hollywood Hills minutes from Beachwood Canyon! Walk one block south to “Franklin Village”, where you’ll find Franklin Ave’s highly curated shops, restaurants and attractions, such as Bourgeois Pig, Birds, La Poubelle, and of course the Upright Citizen’s Brigade.

The property is made up of two 3b/3.5b units, one 3b/3b unit, and one 2b/2.5b unit. The units feature private 2-car garages, top of the line appliances, balconies, high quality finishes, spacious floor plans and laundry hookups in unit.