TROPHY PROPERTY WITH 5.0 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating stable above market rent. PROPERTY IS ON A MULTI YEAR LEASE WITH RENTS INCREASING 3% YEARLY. This meticulously crafted & newer built Architectural home is designed by renowned architect Anthony Zubick, AIA. The gated & private 7 Bed, 9 Bath entertainer's home offers UNOBSTRUCTED OCEAN VIEWS FROM THE QUEENS NECKLACE TO DOWNTOWN. A thoughtfully designed floor plan offers panoramic views from nearly every room. Chef's kitchen featuring Wolf and Miele appliances seamlessly flows to dining & family rooms. Floating staircase leads to 4 bedrooms & a luxurious master wing w/dual closets, wrap around deck & world class master bath. Pocketing Fleetwood doors open to an expansive flat yard w/a full kitchen, pool & spa, fire pit, mature trees, & more. SMART HOME by Crestron. Perfect for a 1031 exchange!
|Last Updated||7/16/2021||Year Built||0|
|Community||Pacific Palisades||County||Los Angeles|
|APPLIANCES||Barbecue, Dishwasher, Disposal, Dryer, Refrigerator, Washer|
|GARAGE||Door-Multi, Garage, Yes|
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