Property Detail

Description

Brand new 2026 construction, never occupied, and delivered with new Certificate of Occupancy. This stunning 2-story duplex at 10909-10909½ S Main St offers investors and owner-users a true turnkey opportunity with zero deferred maintenance and immediate income potential. Each of the two spacious 4-bedroom, 3-bathroom units has been thoughtfully designed with great finishes throughout: wide-plank LVP flooring, recessed lighting, white shaker cabinetry, and quartz countertops. The bathrooms feature dramatic floor-to-ceiling marble-look porcelain tile, soaking tubs, and matte black fixtures that give each unit a boutique hotel feel. Both units include in-unit laundry hookups, central HVAC, mirrored closet doors, and walk-in closet in the primary bedroom. The upper unit is accessed via its own private interior staircase and enjoys an open-concept kitchen/great room with an industrial-style matte black railing overlooking the stair entry. The lower unit features its own separate entrance and a bright, airy open-plan kitchen and living area with soaring ceilings and generous natural light. Additional highlights include solar panels, all-electric building (no gas — lower utility bills and future-proofed for LA's green energy goals), fire sprinkler system throughout, 2 tandem parking spaces per unit (4 total), and separately metered electric and water for each unit — a major operational advantage for landlords. Gross scheduled income of approximately $88,800/year at projected market rents of $3,700/unit/month represents a 6.58% cap rate. This property is one of three identical side-by-side duplexes (10907, 10909, and 10911 S Main St) available individually or as a portfolio. Acquiring all three provides a rare opportunity to own a 6-unit new construction portfolio delivering approximately $266,400 in gross annual income.