2200 Thurman AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25003091
Construction Status Turnkey
HOA Y/N No
Year Built 2024
Annual Tax Amount $44,318
Lot Size 7,008 Sqft
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 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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Balcony,Open Floorplan,Recessed Lighting,Instant Hot Water,Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer
Laundry Washer Hookup,Inside
Exterior
Parking Features Assigned,Garage,Paved
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Accessibility Parking
Total Parking Spaces 8
Private Pool No
Building
Lot Description Paved,Yard
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5064022016
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard