Mid-City
5-Unit (Fourplex + ADU)
OPPORTUNITY ZONE!!! The most impressive new construction units in all of Mid-City! Four 4 bedroom, 4.5 tri-level townhomes on a corner lot- all close to 2,000 SF with en-suite bathrooms + a 2-story 2 bed, 1.5 bath ADU! We project a whopping $290,400 in gross annual rents and a cap rate of 5.33%!
List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:
$4,195,000
5.33% (pro forma)
14.45 (pro forma)
8,253 sqft
4x 4b/4.5b
1x 2b/1.5b
OPPORTUNITY ZONE!!!
Separately metered utilities
Solar panels
No rent control
Massive units
All en-suite bathrooms
Sky high cap rate
Huge balconies everywhere
Designer finishes
Prime Mid-City location
Unbeatable curb appeal
Super low maintenance
High demand rental market
Corner lot
Click to View Photos
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The Neighborhood
< 15-Minute Walk
Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria
< 15-Minute Drive
The Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center
< $15 Uber Ride
Downtown Culver City, Beverly Center, Cedars Sinai, Trader Joes, Equinox, LACMA, The Culver Hotel, El Rey Theatre, The Mint, Public School, Rodeo Drive, Wilshire Country Club, Larchmont Village
Submit your offers now!
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OPPORTUNITY ZONE, meaning enormous tax benefits if you close prior to completion (please consult a CPA or tax specialist to confirm).
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No rent-control!
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Massive townhomes with all en-suite bathrooms and balconies off the majority of bedrooms!
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The best floorplans we’ve ever seen in a new construction project!
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Will be delivered with ultra-premium finishes, including designer tiles, modern glossy cabinets and natural wood waterproof vinyl.
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Comes with solar panels!
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The average cap rate of nearby new construction sales is 4.64%! This offers a much stronger return of 5.33%.
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High ceilings, ample windows, walk-in closets, and more!
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Located in the highest demand rental area, Mid-City. We personally lease countless units per month here and they move faster than any other area in LA.
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Moments from countless mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (Whole Foods), and the Culver Steps (Amazon Studios).
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Walking distance to the Culver City Art’s District!
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All units separately metered for gas, electric AND water! Microscopic expenses!
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Great way to obtain easy, passive income!