LATEST RENTAL PROPERTIES
CAP RATE 7.6%
Duplex
HOLLYWOOD
In just 6 months, domestic.ly took this duplex from dilapidated to Mid-Century Modern stunner, commanding premium rents and nearly doubling the NOI.
Despite rampant supply-chain issues and rapidly increasing materials costs globally, the firm was able to complete renovations on time, enabling the investors to realize the full potential, raising the CAP Rate from 5.2% to 7.6%.
6.5% CAP Rate
8.8% CAP Rate
Triplex
STUDIO CITY
This property is hardly recognizable from the full strip-down treatment it received from domestic.ly. The extensive build across 3 years added unparalleled improvements, its modern touches attracting top-notch tenants with trailblazing rents. The realized improvement on CAP rate is astonishing, increasing from 2.0% to 6.5%.
Fourplex
TOLUCA LAKE
This quaint, vintage building is packing some serious punches after a relatively small capital call from domestic.ly to investors, adding updated features for the modern tenant over time as units vacated. With the CAP rate improving from 5.6% to 8.8%, there is no question this hidden gem is worthy of a long-term placement in the owners' portfolio.
$6,500/MTH
3-BEDROOM, 2-BATHROOM
HOLLYWOOD
We took a page from Jimmie Rodger's book and treated this tired apartment to some tender love and care. Reimagining the kitchen and bathrooms was a key component to bringing in a top-notch tenant and a net yearly increase of $29,900 on the apartment.