Address not disclosed, Los Angeles, California, 90016
$3,675,000
Multi-family
2202 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.44% cap rate. These units have gotten massive demand from high quality tenants due to it's stand out design and unbeatable floorplans. Located next to the trendy Culver City Arts District, this property is just minutes from the trendies shops, galleries, and restaurantsmaking it a highly desirable investment. With a stabilized gross income of $262,800/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. The larger of the 4-bedroom units are leased at rates of: $5,600/month and the two slightly smaller units are leased at $5,400/month and $5,300/month. The property offers tri-level 4-bedroom, 4-bathroom townhomes, with massive balconies, high ceilings, and premium finishes. The building spans 8,202 sqft, with an excellent price per square foot of $448.06. 8 parking spots are secured behind a gate, adding to the propertys appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builders warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Dont miss this opportunity to own a high-return property in one of LAs most desirable neighborhoods. Contact us today to schedule a showing!
Number of Units : 4
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 4
Unit 1 : Total Bathrooms : 4
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 4
Unit 2 : Total Bathrooms : 4
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 4
Unit 3 : Total Bathrooms : 4
Unit 4 : Number of Unit(s) : 4
Unit 4 : Total Bedrooms : 4
Unit 4 : Total Bathrooms : 4
Number of Units with Range/Oven : 4
Number of Units with Refrigerator : 4
Number of Units with Washers : 4
Neighborhood : Mid City
Site : Sidewalks
Cooling : Central Forced Air
Zoning : Builder
Street Address: Address not disclosed
City: Los Angeles
State: California
Postal Code: 90016
County: Los Angeles
MLS Number: BB25104326
Courtesy of Myunits.com Inc.
Courtesy of The Beverly Hills Estates
