2200 Thurman Avenue

Los Angeles, CA 90016

  • 16 Bed(s)
  • 16 Bath(s)
  • 8,202 Sqft
  • 7010
    Sqft(Lot)
$3,695,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Modern

  • AD ID

    48259328

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Balcony,Open Floorplan,Recessed Lighting,Instant Hot Water,Walk-In Closet(s)
    • Windows: Double Pane Windows
    • Property Appliances: Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer
    • Fireplace: None
    • Flooring: Vinyl

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2024
    • Building Area Total: 8,202

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1609
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7010

  • Listing Price Information

    • Original List Price: 3,695,000
    • Listing Contract Date: 2025-01-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5064022016
    • Annual Tax: 44318

  • Garage and Parking

    • Garage Description: Assigned,Garage,Paved

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Directions: Take I-10 West toward downtown LA. Exit at La Brea Ave and turn left. Turn right on Washington Blvd. Turn left on Thurman Ave. 2200 Thurman Ave will be on your right!
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 1
    • Common Walls: 1 Common Wall
    • Property Condition: Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Owner
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 01/26/2025 @ 02:55

  • MLS: BB25003091
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 8,202 sqft, 7,010 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90016, this Los Angeles County Home are nearby neighborhoods.