Modern

2202 Thurman Avenue

Los Angeles , CA 90016

MLS#: BB25251577

$3,595,000

Status: Active
Listing number: BB25251577
Listing provided by: Myunits.com Inc.
Listing agent phone: None
Last update: 3 days ago
New on site 4 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

N/A

2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.74% 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 $267,600/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. 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 $438.31. 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!

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan, Recessed Lighting

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Other Exterior Features

    Balcony

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Features

    Landscaped, Level

  • Lot Size(acres)

    0.1609

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Modern

Price

  • Sales Price

    $3,595,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    67

  • Water Source

    Public

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Listing Courtesy of Cheyenne Womack , Myunits.com Inc.

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2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.74% 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 $267,600/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. 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 $438.31. 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!

2202 Thurman Avenue

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