Property Detail

Description

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.