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Listed by Elizabeth Maddox • Myunits.com Inc.

$3,679,000

Est. payment - /mo

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7,010 Sqft Lot

Price Dropped by $16K

2200 Thurman AVE Los Angeles, CA 90016

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25003091

Style Contemporary

Originating Board California Regional MLS

Year Built 2024

Lot Size 7,010 Sqft

Property Sub-Type Fourplex

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 hi

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Rooms

Kitchen Dishwasher, Freezer, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Laundry 30, Other, Washer, Dryer

Exterior

Parking Features Assigned Spaces, Garage, Other

Garage Spaces 8.0

Pool 31, None

View Local/Neighborhood, City Lights

Building

Lot Description Paved

Story Three or More Stories

Water Hot Water, District - Public

Architectural Style Contemporary

Others

Tax ID 5064022016

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321