Los Angeles, CA 90016,2200 Thurman AVE
Los Angeles, CA 90016,2200 Thurman AVE
Los Angeles, CA 90016,2200 Thurman AVE
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$3,695,000
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7,008 Sqft Lot
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2200 Thurman AVE Los Angeles, CA 90016

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UPDATED:

01/08/2025 02:25 PM

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


California Regional MLS (CRMLS)
Listed by Elizabeth Maddox • Myunits.com Inc. • 818-850-8485

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agent

Daniel Hernandez

Team Lead | Realtor® | License ID: 02069350

+1(858) 354-9707

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2200 Thurman AVE