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$ 4,450,000
Est. payment | /mo
16 Beds
16 Baths
10,782 Sqft Lot
$ 4,450,000
Est. payment | /mo
16 Beds
16 Baths
10,782 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26055829
Bedrooms 16
Lot Size 10,782 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1818 Thurman Ave is a fully stabilized 2021-built six-unit delivering a real 6.27% cap rate and four full years of proven income. In a market flooded with new builds still chasing tenants, this ones already performing. Each of the six residences are large 4 bed, 4 bath units with private entry, in unit laundry, separate utilities, and 2 car private garage parking. Two of the units also benefit from three additional outdoor parking spaces, bringing their total parking to five spaces, allowing for even higher rents. Current rents range from $4,795 to $5,900, making this a plug and play investment for 1031 buyers seeking strong day one income. Built for longevity, the property features drought tolerant landscaping and a builders warranty, helping keep expenses low and operations smooth. Just minutes from Downtown Culver Citys creative corridor and hot spots like Fathers Office, Etta, and Margot, the location attracts long term professionals working at Amazon Studios, Apple, HBO, Sony & more. With almost no stabilized new construction available and demand at an all-time high, 1818 Thurman is that rare, proven performer every investor wants but few can actually find.
Location
State CA
County Los Angeles
Zoning Builder
Direction Near the Culver City Arts District, just minutes from Amazon Studios, Apple, Sony, and Downtown Culver Citys dining and creative
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5064021042
Virtual Tour https://www.myunits.com/buy/1818thurman
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
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