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 pro
MLS #
CRBB25003091
MLS Source
California Regional MLS
Days on Site
86
Appliances
Dishwasher, Freezer, Garbage Disposal, Microwave, Other, Oven - Gas, Oven Range - Gas, Refrigerator, Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Style
Contemporary
Garage/Parking
Assigned Spaces, Garage, Other, Garage: 2 Car(s)
Listing Agent
Elizabeth Maddox
Myunits.com Inc.
License #: 01921425
Phone: –
Co-Listing Agent
Isaac Davidi
On Track Property
License #: 01819489
Phone: (310) 877-9425
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | 4 |
2200 Thurman Ave is a Residential Income in Los Angeles, CA 90016. This – square foot property sits on a 7,010 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,695,000 and was built in 2024.
This address can also be written as 2200 Thurman Ave, Los Angeles, CA 90016.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of February 14, 2025. For the most current information, please contact Elizabeth Maddox