8662 Cadillac Avenue, Los Angeles

$3,590,000

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7 Beds
7 Baths
6,132 Sqft
.11 Acre
0 Garage

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.

Essential Information

MLS® #
24380555
Price
$3,590,000
Bedrooms
7
Bathrooms
7.00
Square Footage
6,132
Acres
0.11
Year Built
2024
Type
Residential Income
Style
Modern
Status
Active

Community Information

Address
8662 Cadillac Avenue
Area
C09 - Beverlywood Vicinity
City
Los Angeles
County
Los Angeles
Zip Code
90034
Community Features
Gated
Senior Community
N

Amenities

Parking Spaces
8

Parking

Attached Carport, Carport, Driveway, Uncovered

Garages

Attached Carport, Carport, Driveway, Uncovered

Interior

Heating
Central
Cooling
Central Air
# of Stories
3
Stories
Three Or More

Appliances

Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Exterior

Exterior Features
Brick Driveway
Lot Description
Front Yard

Additional Information

Date Listed
April 15th, 2024
Days on Market
32
Zoning
LARD2

Listing Details

Agent
Yohann Bensimon

Office

Keller Williams Hollywood Hills

Property History
Price Reduced from $3,698,000 to $3,590,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 11:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.