2202 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.44% 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 $448.06. 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!
For sale
Listing Provided by:
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.,
Isaac Davidi DRE #01819489 310-877-9425,
On Track Property
$3,675,000
2202 Thurman Ave, Los Angeles, CA 90016
16beds
16baths
8,202sqft
Est.:
Quadruplex
Built in 2024
-- sqft lot
$-- Zestimate®
$448/sqft
$-- HOA
What's special
Premium finishesDesigner tilesHigh ceilingsModern appliancesMassive balconiesGlossy cabinetryDrought-tolerant landscaping
- 101 days
- on Zillow |
- 106 |
- 6 |
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