3765 Delmas Terrace
3765 Delmas Terrace
Description
We are pleased to present this Green Certified new construction Four-Unit luxury complex. The developer is currently converting the purpose-built storage room to an ADU. This is the latest property built by new construction specialist TrueBuilt Construction, Inc. The property will be sold with all four units in turn-key condition and a proforma 5.51% Cap Rate. This property, located in the very hot market of Palms just...BEAUTIFUL 2024 FOUR UNIT NEW CONSTRUCTION IN HIGHLY DESIRABLE PALMS NEIGHBORHOOD
We are pleased to present this Green Certified new construction Four-Unit luxury complex. The developer is currently converting the purpose-built storage room to an ADU. This is the latest property built by new construction specialist TrueBuilt Construction, Inc. The property will be sold with all four units in turn-key condition and a proforma 5.51% Cap Rate. This property, located in the very hot market of Palms just a few minutes’ walk to Culver City attractions. Including, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, hip community and supporting services providing high-paying and stable jobs and future growth. This luxury complex is comprised of two structures, totaling four new construction townhomes, each with private laundry rooms and garage parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.
Property Details for 3765 Delmas Terrace
Location
Property Details for 3765 Delmas Terrace
| Status | Active |
|---|---|
| MLS # | PW24094171 |
| Days on Market | 11 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.08 AC / 3,624 SF |
| County | Los Angeles County |
Location
Building Information for 3765 Delmas Terrace
Payment Calculator
$16,538 per month
30 year fixed, 7.25% Interest
$15,821
$717
$0
Property Information for 3765 Delmas Terrace
- Tenant Pays: Electricity, Gas
- Gross Income: $215,700
- Gross Scheduled Income: $215,700
- Gross Operating Income: $215,700
- Net Operating Income: $159,696
- Gross Multiplier: 13.5
- Cap Rate: 5.51
- Operating Expense: $49,533
- Insurance Expense: $2,109
- Trash Expense: $0
- Total Expenses: $49,533
- Tax Block: 11
- Tax Tract Number: 2444
- Tax Census Tract: 2701.02
- Tax Lot: 19
- Accessibility Features: Parking
- Disability Access: Other Main Level Modifications
- Assessments YN: No
- Assessments: None
- Community Features: Sidewalks, Street Lights
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Cooktop, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
- Equipment: Dishwasher, Dryer, Dryer Included, Inside, Microwave, Refrigerator, Washer, Washer Included
- Interior Features: Balcony, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting, Storage, Two Story Ceilings, Wood Product Walls
- Laundry: Yes
- Laundry Features: Dryer Included, Inside, Washer Included
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: Central, ENERGY STAR Qualified Equipment
- Heating: Central, ENERGY STAR Qualified Equipment
- Flooring: Laminate
- Virtual Tour URL Branded: https://ranchophotos.com/mls/3765-delmas-terrace/
- Door Features: Insulated Doors
- Window Features: ENERGY STAR Qualified Windows, Insulated Windows
- Security Features: Card/Code Access, Fire Sprinkler System, Gated Community, Security Lights
- Exterior Features: Balcony, Lighting
- Entry Location: First/Second floor
- Fence: Yes
- Fence: Stucco Wall, Wrought Iron
- Fencing: Block, Stucco Wall, Wrought Iron
- Foundation Details: Slab
- Other Structures: Guest House Detached, Two On A Lot
- Property Condition: Turnkey
- View Description: City Lights
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Green Energy Efficient: Appliances, Construction, HVAC, Lighting, Roof, Windows
- Green Sustainability: Conserving Methods, Renewable Materials
- Green Water Conservation: Flow Control, Reclamation, Water-Smart Landscaping
- Lot Features: Landscaped, Sprinkler System
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Three Or More
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Electricity - On Property, Standard
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Auto Driveway Gate, Direct Entrance, Door Opener, Garage - 1 Car
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Auto Driveway Gate, Direct Garage Access, Garage Faces Front, Garage - Single Door, Garage Door Opener
- Builder Name: Truebuilt Construction, Inc.
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $5,500
- Unit Type Pro Forma: 5500
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $5,600
- Unit Type Pro Forma: 5600
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $4,625
- Unit Type Pro Forma: 4625
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $2,250
- Unit Type Pro Forma: 2250
- Unit Type Type: 4
- Number Of Units Leased: 0
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
- Number With Dishwasher: 4
- Number With Range: 4
- Number With Refrigerator: 4
- Number With Disposal: 4
- Number With Patio: 2
Property History for 3765 Delmas Terrace
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3765 Delmas Terrace
Schools near 3765 Delmas Terrace
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Palms Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Alexander Hamilton Senior High School Public9 to 12 | ||
Cheviot Hills Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Citivest Realty Services, Inc, Martin Fish, DRE #01988997; Citivest Realty Services, Inc, Seth Hamilton, DRE #01897619
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.