$ 3,595,000
-
$3,595,000
Price -
16
Bed -
16
Bath -
8,202
SqFt
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About the Listing BH5345657 - BB42064,CLW-X92246
2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.71% 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 restaurants—making 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 $438.31. 8 parking spots are secured behind a gate, adding to the property’s appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builder’s warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Don’t miss this opportunity to own a high-return property in one of LA’s most desirable neighborhoods. Contact us today to schedule a showing!
Listing Highlights for 2200 Thurman Ave
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
BB25198049
Year Built
2024
Total Square Footage
8,202
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Living Room Balcony,Open Floorplan,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: Landscaped,Level with Street,Level,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5064022016
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2200 Thurman Ave Los Angeles, CA 90016
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