Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
Introducing an exceptional 100% occupied investment opportunity—a newly constructed, non-rent controlled, four-unit complex in Culver City’s thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.30% with projections reaching 5.65% through built-in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. A unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. The new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. Attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of Los Angeles’ most sought-after rental markets. Don't miss out on this exceptional investment!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Pool
Yes
-
Pool Features
None
-
View
City Lights
Area & Lot
-
Lot Features
Front Yard, Landscaped
-
Lot Size(acres)
0.1149
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$3,600,000
-
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
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Drew Dunn , Four Brothers Real Estate, Inc.
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