2200 Thurman Avenue, Los Angeles, CA 90016
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- MLS#: BB25003091 ( Multi-Family )
- Street Address: 2200 Thurman Avenue
- Viewed: 1
- Price: $3,695,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Days On Market: 49
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90016
- Provided by: Myunits.com Inc.
- Contact: Elizabeth Elizabeth
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Description2200 Thurman Ave is a 75% leased, NON RENT CONTROLLED 2024 fourplex with a REAL 5.43% 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 projected gross income of $264,000/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. Three of the 4 bedroom units are leased at rates of: $5,600/month for the two larger units and $5,400/month for the smaller unit. The remaining unit is projected to lease at $5,400/month. These units leased quickly even during the holidays! 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 $450.50. 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!
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Property Type
- Multi-Family