West Adams
Fourplex
A brand new 2023 construction NON RENT CONTROLLED fourplex in prime West Adams minutes from Downtown Culver City & the Culver City Arts District! This is a rare opportunity to secure a stunning 2023 fourplex with floorplans and finishes that are out of this world! We project a whopping $219,600 in gross annual rents!
List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:
$3,199,000
5.36% (pro forma)
14.33 (pro forma )
6,463 sqft
2x 4b/4b, 2x 3b/3.5b
No rent control
Massive units
Premium floorplans
Exceptional cap rate of 5.46%
Perfect 1031 exchange option
6 parking spaces
Upscale finishes
Prime location near Culver City
Spacious rear patio
Tons of balconies
Click to View Photos
 |
|---|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
The Neighborhood
>10-Minute Walk
Cento Pasta Bar, Highly Likely Cafe, Sweet E's Bake Shop, Hollywood Night Market, High Fidelity Records, All Power Books, Honey Bee’s House of Breakfast, Menchitas, Roscoe’s Chicken & Waffles, Simply D’s LA
>5-Minute Drive
Sprouts, Starbucks, Target, Planet Fitness, Spaccio Salumeria, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen
>$10 Uber Ride
Plaform, Ivy Station, Culver City Steps, Cumulus District (Whole Foods), Trejo’s Tacos, Downtown Culver City, Met Him at a Bar, All Season Brewing Company, République Café Bakery & Restaurant, Mandrake, The Grove, LACMA
Submit your offers now!
-
No rent control!
-
Amazing 5.36% pro forma cap rate
-
The average price per square foot of nearby new construction duplexes and triplexes is $663.49. This is priced to sell at $494.97!
-
Premium units with expansive, open floorplans and upscale, designer finishes.
-
Dream 1031 exchange opportunity. Ready to close ASAP!
-
All units separately metered for gas, electric AND water! Microscopic expenses!
-
Moments from several ground-breaking mixed-use development projects such as Ivy Station (HBO headquarters), Platform, the Helms Bakery District, the Cumulus Development (Whole Foods), and the Culver Steps (Amazon Studios).
-
6 parking spaces
-
Large rear patio area
-
Minutes to the Culver City Arts District and heart of Culver City!
-
Great way to obtain easy, passive income!