713 N Gramercy Ave, Larchmont Village
Larchmont Village Opp. Zone Fourplex
50% LEASED Larchmont Village 2024 luxury OPPORTUNITY ZONE fourplex made up of ALL 4 bedroom townhome-style units with top-tier finishes, spacious walk-in closets, modern sleek finishes and in-unit washers and dryers. The property’s prime location is just minutes walking to countless trendy shops, eateries, and convinces located on Larchmont Blvd. With an unheard of projected 5.44% cap rate, this is an excellent investment opportunity. Don’t miss your chance—contact us before it hits the market!
The Important
Details
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$3,695,000
Fourplex
Pre-Market
4
2024
5.44%
14.01
$200,959/Year (Pro Forma)
7,554 sqft
6,756 sqft
$489.14
$923,750
4x 4b/4b
Yes
6 Garage Spaces, 4 Exterior Spots
Opportunity Zone, ALL 4 Bedroom Units
The Highlights
Located in ultra trendy and highly sought after Larchmont Village- A major draw for A+++ tenants!
Outstanding projected cap rate of 5.44%! Cash cow.
OPPORTUNITY ZONE! Major tax benefit (consult CPA).
MASSIVE units (7,554 livable square feet) with premium floorplans.
Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!
Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!
Ideal unit mix of ALL 4 bedrooms units!
All units separately metered for gas, electric AND water! Very low expenses!
Dream 1031 exchange opportunity. Ready to close soon!
With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity."
The Neighborhood
<15-Minute Walk
Paramount Studios, Cafe Gratitude,Osteria Mamma, Mario's Peruvian & Seafood, TONCHIN LA, Alfalfa, Le Coupe, La Fonda Antioquena, PauHaus Art Gallery + Events, Daves Hot Chicken, WaBa Grill, ORGANICO, Hollywood Forever Cemetery
<15-Minute Drive
Great White, Salt & Straw, MALIN+GOETZ, Go Get Em Tiger, Rite Aid, Starbucks, Clark Street, Kreation, Trader Joe’s, Ralphs, Chipotle, Levain Bakery, Noah's NY Bagels, Groundwork Coffee Co., Le Pain Quotidien, Sweetfin Poke, Village Pizzeria, Jeni's Ice Creams
<$15 Uber Ride
Great White, Salt & Straw, MALIN+GOETZ, Go Get Em Tiger, Rite Aid, Starbucks, Clark Street, Kreation, Trader Joe’s, Ralphs, Chipotle, Levain Bakery, Noah's NY Bagels, Groundwork Coffee Co., Le Pain Quotidien, Sweetfin Poke, Village Pizzeria, Jeni's Ice Creams
Contact
Lauren Cearley
213.302.8662
Property Presented By:
