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ZIP CODE 90064

16 Beds 17 Baths ACTIVE Status
11621 Ayres is an ultra-rare brand new construction luxury fourplex in prime West LA. The sleek modern units have gorgeous finishes with a warm open floor plan containing tons of natural light and balconies overlooking nice greenery. The front building consists of two 4 bedrooms, 4.5 baths containing 1,505 square feet each approximately with the rear building consisting of two 4 bedrooms, 4 baths with approximately 1740 square feet We project an exceptional cap rate of 5.96%, which is impossible and unheard of to find in this A+ location as other apartment buildings in West LA are selling at a significantly lower cap rate. We have received multiple lease applications, some at $7,000 per unit. This trophy property is an investor's dream surrounded by brand new construction buildings making it highly desirable amongst renters for the location proximity. With a short walking distance to shops, bars, restaurants, and trendy cafes like Federal Coffee this property has a very high walkability score. The property is minutes away from Santa Monica Beach and UCLA with easy access to both the 405 and 10 freeways and is close to Rancho Park and Mar Vista. This is the only brand-new construction fourplex active in West LA and new builds in this excellent area are extremely rare. All units are separately metered with their own water, electric, and gas meters. Each unit has Central A/C, stainless steel appliances, tankless water heaters, garages, beautiful Quartz stone counters, and central islands. Each unit comes with its own separate laundry room with units installed, the back units have a large laundry room with tons of closet space. There are 4 covered parking spaces and 4 partially covered parking spaces accessed from a back alley. Buyer is to verify all and do their own due diligence.

11621 Ayres Ave, Los Angeles

Courtesy of , Daniel Lalezari - CA DRE#

Nestled on one of the most coveted streets in beloved Cheviot Hills, awaits this enchanting traditional home. Beaming with the most captivating curb appeal, the gorgeous property is accented by manicured landscaping and a sophisticated brick path leading to the front door. The spacious living room sits to the right upon entry and boasts built-in bookcases, an inviting fireplace, and oversized floor-to-ceiling windows highlighting the green front yard. Perfect for cooking your favorite meals and snacks, the well-appointed kitchen features extensive cabinetry, top-of-the-line stainless steel appliances, Thermador oven, five-burner range, center island, breakfast area, and walk-in pantry. A serene escape, the primary suite includes a cove ceiling, oversized custom walk-in closet with endless built-ins, and an elegant spa-like bath with a vaulted ceiling, dual vanity sinks, glass shower, and soaker tub. An entertainer's dream, the sprawling backyard has ample patio space for lounging or dining al fresco, pergola, fire-pit, mature lemon tree, and cooking area with built-in BBQ. Additional notable home features include a formal dining room, generous guest rooms, beautifully redone powder room with quartz counters, spacious bonus family room with custom stained glass & built-in bar, fully paid off solar panels, and an extremely rare six car garage with built-ins plus bathroom & finished loft room above. Only minutes from some of the most iconic Westside destinations like Fox Studios, Griffin Club, Cheviot Hills Recreation Center, and so much more!

2719 Mcconnell Dr, Los Angeles

Courtesy of , Meredith Schlosser - CA DRE#

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