Description
Introducing an exceptional investment opportunity—a newly constructed, non-rent controlled, fully occupied four-unit complex in culver city’s thriving silicon beach district, home to industry giants like facebook, youtube, amazon studios, sony pictures, hbo, hulu, and beats electronics. with strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true year one cap rate of 5.20% with projections reaching 5.52% through built-in rent increases. designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. the front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. the property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. luxury appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. a unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 3-bedroom adu while still retaining 7+ parking stalls, increasing equity and income potential. every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. the new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of los angeles’ most sought-after rental markets. don't miss out on this exceptional investment!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48545162
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Washer
- Fireplace: None
Cooling Features
- Ductless,High Efficiency,Zoned
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 6,270
Pool Features
- None
Laundry Features
- Washer Hookup,Electric Dryer Hookup,Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1149
- Lot Size Source: Assessor
- Lot Size Square Feet: 5004
-
Listing Information
Listing Price Information
- Original List Price: 3,650,000
- Listing Contract Date: 2025-02-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4218001016
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C28 - Culver City
- Postal Code Plus 4: 5143
- Directions: Between Culver Blvd and Barman St
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C28 - Culver City
- Property SubType: Quadruplex
Building and Construction
- Property Age: 1
- Common Walls: 1 Common Wall
- 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 02/22/2025 @ 07:36
- MLS: OC25028750
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 14 bedrooms which is for sale, it has 6,270 sqft, 5,004 sized lot, and 8 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 Culver City , in zip code 90230, this Los Angeles County Home are nearby neighborhoods.