CA > Los Angeles
Los Angeles, CA 90016,2202 Thurman AVE
Los Angeles, CA 90016,2202 Thurman AVE
Los Angeles, CA 90016,2202 Thurman AVE
Los Angeles, CA 90016,2202 Thurman AVE
Los Angeles, CA 90016,2202 Thurman AVE
Los Angeles, CA 90016,2202 Thurman AVE
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Drew Reid

Drew Reid

+1(408) 515-1362
Listed by Cheyenne Womack • Myunits.com Inc.
$ 3,675,000
Est. payment | /mo

7,010 Sqft Lot

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$ 3,675,000
Est. payment | /mo
Save

7,010 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25104326

Style Contemporary

Year Built 2024

Lot Size 7,010 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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-re

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Rooms

Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Laundry 30, Washer, Dryer, 9

Exterior

Parking Features Garage, Uncovered Parking

Garage Spaces 8.0

Pool 31, None

View Local/Neighborhood, City Lights

Building

Story Three or More Stories

Water Hot Water, District - Public

Architectural Style Contemporary

Others

Tax ID 5064022016

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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agent
Drew Reid

REALTOR® | Lic# 01332884

+1(408) 515-1362

410 N Santa Cruz Ave, Los Gatos, CA, 95030-5321, USA

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2202 Thurman AVE