2200 Thurman AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25003091
Style Contemporary
Originating Board California Regional MLS
Year Built 2024
Lot Size 7,010 Sqft
Property Sub-Type Fourplex
Property Description
2200 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 restaurants-making 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 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 pro
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher,Freezer,Garbage Disposal,Microwave,Oven Range - Gas,Refrigerator,Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30,Other,Washer,Dryer
Exterior
Parking Features Assigned Spaces,Garage,Other
Garage Spaces 8.0
Pool 31,None
View Local/Neighborhood,City Lights
Building
Lot Description Paved
Story Three or More Stories
Water Hot Water,District - Public
Architectural Style Contemporary
Others
Tax ID 5064022016
Special Listing Condition Not Applicable