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2200 Thurman Avenue, Los Angeles, CA 90016

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For Sale

$3,695,000

16 beds • 16 baths • 8,202 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $450.50
    Price per square foot

  • New Construction, 1-5 Years Old
    Age

Explore this Property

The 2-4 Unit Specialists are pleased to present 2200 Thurman Ave, a 75% 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 projected gross income of $264,000/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. Three of the 4-bedroom units are leased at rates of: $5,600/month for the two larger units and $5,400/month for the smaller unit. The remaining unit is projected to lease at $5,400/month. These units leased quickly even during the holidays! 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 $450.50. 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!
MLS# BB25003091

Courtesy Of Myunits.com

(818) 859-7242

Property Features

  • Age
    New Construction, 1-5 Years Old
  • Amenities
    Double Pane Windows, Dock
  • Appliances
    Dishwasher, Freezer, Garbage Disposer, Microwave, Oven - Gas, Range, Range - Gas, Refrigerator, Washer, Water - Instant Hot
  • Architecture Style
    Modern
  • Floor Covering
    Vinyl
  • Heating System
    Central Furnace
  • Rooms
    Kitchen, Living Room
  • View Type
    City

Map and Directions

Directions to 2200 Thurman Avenue, Los Angeles, CA 90016

Home seller CENTURY 21 A Better Service Realty

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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