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1305 Casiano Rd

5,257 SF Specialty Building Offered at $6,000,000 at a 9.11% Cap Rate in Los Angeles, CA 90049

Investment Highlights

  • A+ location

Executive Summary

Incredible Income producing Modern Mediterranean residence in coveted Bel-Air on a cul de sac, with jet liner views of the Ocean, Getty, and City. Masterfully constructed in 2014 with superior attention to detail, mutiple entrances, and uses to maximize rental income . This estate features living areas on both levels for total convenience, with a full professional office at lower/grade level. Enter the residence through grand main doors that seamlessly flow from family room, living room, and dining area. With 11 foot ceilings, multiple skylights, hardwood floors, oversized windows and a wall of french doors, this light filled open floor plan leads to a tranquil and private backyard with a saltwater pool, spa and waterfall. A sleek kitchen with top-of-the-line stainless steel appliances and ample cabinetry opens to a lovely breakfast nook. Well-appointed kitchen where the meal prep does not interfere with family and guests in the main living area. All six bedrooms have en-suite baths and the attention to detail can be seen throughout. There is direct yard access from multiple locations on the property. This home has been outfitted with a full dedicated professional office suite through a private exterior entrance and includes a lobby, conference room, 4 private offices illuminated by ample natural light and fresh air from an outdoor office patio, room for additional open work areas, and a private retreat that can be used for creative brainstorming sessions, a corporate apartment, guest or office manager's suite. CAT6, high fidelity audio and HD throughout and featuring a control room with a unique Advanced Smart Home System (see amenities details). Includes 31 solar panels, elevator, three kitchens, and coded keypad entry with video and buzz-in feature. Covid safe with air scrubbers and purifiers, with 4 separated HVAC systems. This is a perfect investment for a buyer who understands the value of the area, the flexibility of the space, and wants to avoid the typical hassles of apartment building ownership. Photos herein have staged furniture which differs from the owner's furniture currently in the house. Please view https://1305casianoroad.com/ for video, office walkthrough, and matterport.

Property Facts

Price $6,000,000
Price Per SF $1,141
Sale Type Investment
Cap Rate 9.11%
Property Type Specialty
Property Subtype Residential Income
Building Class A
Lot Size 0.18 AC
Building Size 5,257 SF
No. Stories 2
Year Built 2014
Parking Ratio 0.76/1,000 SF

Amenities

  • Car Charging Station
  • Air Conditioning

zoning

Zoning Code LARE20
LARE20
  • Listing ID: 26448916

  • Date on Market: 5/16/2022

  • Last Updated:

  • Address: 1305 Casiano Rd, Los Angeles, CA 90049

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