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Listed by Elizabeth Maddox • Myunits.com Inc.
$3,679,000
Est. payment /mo
8,202 SqFt
Active
2200 Thurman Avenue Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,202 sqft
Price per Sqft $448
MLS Listing ID CRBB25003091
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2024
Lot Size 7,010 Sqft
Property Sub-Type Quadruplex
Property Description
2200 Thurman Ave is a FULLY 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 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 $448.55. 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 h
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Laundry Dryer, Washer, Other, Inside
Exterior
View City Lights, Other
Handicap Access Other
Building
Lot Description Other, Paved
Water Public
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