A 2017 CONSTRUCTION luxury fourplex in the ultra-trendy NoHo Arts District. If you are looking for a building with a phenomenally high return that is virtually management free, here is your chance! At the pre-market price of $2,250,000 you can be in possession of a 5.92% cap rate - unheard of! At this point the property is still in the construction phase. 11319 Miranda consists of two separate two story buildings, each one containing a 4 bedroom, 3 bathroom unit and a 3 bedroom, 2 bathroom unit. There are a total of two sprawling 4 bedroom, 3 bathroom units and two enormous 3 bedroom, 2 bathroom units. The developers have constructed this property with extreme attention to detail, making sure all units have top of the line appliances, well laid out floor plans and an overall building quality you won' t find anywhere else.11319 Miranda is located in the heavily sought after NoHo Arts District, which is home to the most popular arts, dining and nightlife scene in all of the Valley. Rentals are in the highest of demand in this area. These units were strategically built in the hottest rental market to ensure low vacancy rate and quality tenants.
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