Income Home for Sale in Los Angeles, California

Welcome to The Beverlywood Villas, where luxury and modern design meet in perfect harmony. This exclusive collection of five contemporary homes offers a new standard of upscale living. Each residence features spacious open floor plans, two units with four bedrooms and four bathrooms and three units with three bedrooms and three baths, providing generous room for relaxation and entertainment. As you step through private entrances, you'll be welcomed by the warmth of hardwood floors and impeccable high-end finishes throughout. Enjoy the ease and security of your own private garage, designed for convenient parking and storage. The rooftop decks offer a stunning retreat with panoramic views of Century City and the city skyline perfect for unwinding or hosting gatherings in an extraordinary setting. Nestled in the vibrant heart of Beverlywood, 8926 Sawyer Avenue is just minutes away from the trendiest restaurants and shops of Beverly Hills, Century City, West Los Angeles and West Hollywood. This prime location also offers easy access to major freeways, making commuting seamless. We are very pleased to exclusively offer for sale The Beverlywood Villas, a brand new, very exclusive 2024 construction development of 5 luxurious 3-story townhomes located in the highly desirable and prestigious Beverlywood enclave of Los Angeles. Designed and constructed by one of Los Angeles' foremost developers of many well-known multi-million dollar high end homes in Brentwood and West Hollywood, The Beverlywood Villas, located at the Southeast corner of Sawyer & Robertson in Beverlywood, is a truly one-of a-kind collection of five 3 and 4 bedroom townhome units, all separately metered for gas, electric and water, complete with high end windows and sliders, solid wood doors, high end appliances, beautiful wide oak-style flooring, high ceilings, custom iron railings throughout, all boasting 1st floor private gardens and each unit with its own large rooftop deck, offering the most epic 360 degree views of the city, rivaling anything you would find from a multi-million dollar home in the hills or the flats of Los Angeles. Each unit has its own private 2 car garage, electric car charging capability, ample storage, beautiful balconies with expansive city views, large closets, in unit washer/dryers, recessed lighting, high ceilings and so much more. Based on recent similar rentals, conservative estimates for rent call for $6,250 for the three 3 bed + 3 bath units, $7,000 for the 3+3+Den and $7,500 for the 4 bed +4 bath units, as they each have their own private 2 car garages, individual gardens off the first floor and private and spacious rooftop decks on the top floor. These units truly have everything a discerning tenant and buyer could want, and all in an amazing location in the heart of Beverlywood, across the street from the Beverywood HOA. Tenants pay all utilities and so expenses are very low, which is excellent for a multi-family investor looking for income property not subject to rent control, that will be an excellent and stable income producing property now and into the future. Once fully leased out, The Beverlywood Villas will offer a new owner an estimated NOI of $303,000 which is a 5.3% cap at the asking price. Rents will only continue to increase as demand is slated to grow even more for high-end townhomes like The Beverlywood Villas as renters look for rentals that offer all the amenities and features of a multi-million-dollar home without having to make the commitment to buy, instead preferring to maintain their lifestyle flexibility through leasing but aren't willing to compromise on amenities, newness, views, or luxury.