2200 Thurman Avenue, Los Angeles, CA 90016

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Glen Henderson

[email protected] +1(619) 889-7646

$3,595,000

Est. payment - /mo

16 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25198049

Bedrooms 16

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.71% 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 restaurantsmaking 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 $438.31. 8 parking spots are secured behind a gate, adding to the propertys appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builders warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Dont miss this opportunity to own a high-return property in one of LAs most desirable neighborhoods. Contact us today to schedule a showing!

Location

State CA

County Los Angeles

Zoning Builder

Direction Located on Thurman Ave, North of the 10 Freeway

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Tax ID 5064022016

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Listed by Cheyenne Womack Myunits.com Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2200 Thurman Avenue Los Angeles, CA 90016

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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