Active
2200 Thurman AVE
LOS ANGELES CA, 90016
$3,695,000
$450.50 per sqft
Active
16 Beds
16 Baths
8,202 sqft
Multi-family
Built in 2024
2200 Thurman Ave is 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!
BB25003091MR
MLSⓇ ID
January 7, 2025
Listed
January 14, 2025
Updated
Map
2200 Thurman AVE
LOS ANGELES CA, 90016
Interior Features
Total Stories
3
Bedrooms
16
Total Bathrooms
16
Appliances
Dishwasher, Dryer, Dryer Included, Freezer, Inside, Microwave, Refrigerator, Washer, Washer Hookup, Washer Included
Laundry Description
Dryer, Dryer Included, Inside, Washer, Washer Hookup, Washer Included
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
Modern
Sewer
Public Sewer
Other Property Details
Area Name
Mid Los Angeles
Taxes
$44,318
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
2
Parking
Assigned, Garage
Parking Total
8
View
Yes
View Description
City Lights
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD1.5
Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor SCOTT BUTLER | CA DRE# 01846093 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025