Mid-City/West Adams Fourplex
Opp Zone 3-story townhome-style new construction fourplex in prime Mid-City/West Adams adj. This non-rent controlled property boasts unbeatable curb appeal & incredible convenience. Across from the Metro, tenants can easily travel to Santa Monica, Downtown LA & beyond!
List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:
$3,225,000
5.05% (pro forma)
15.06 (pro forma)
5,610 sqft
1x 4b/4.5b
2x 3b/3.5b
1x 3b/3b + Yard
Opportunity Zone
High cap rate
Massive units
Major curb appeal
Well-manicured street
Prime Mid-City location
Across from Metro
8 parking spaces
Separately metered utilities
10 minutes from Downtown Culver
Click to View Photos
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The Neighborhood
< 5-Minute Drive
Helms Bakery District, Culver City Arts District, Cumulus (Whole Foods), Cliffs of Id, Tartine, Alta, Mizlala, Open Face Food Shop, Mandrake, Brunello Trattoria, Cognoscenti Coffee, Target, See’s Candies, Father’s Office, Kaiser Permanente
< $10 Uber Ride
Culver City Steps, Ivy Station, Amazon Studios, Downtown Culver City, The Culver Hotel, Sony Pictures, Culver City Stairs, Midtown Shopping Center, The Grove, LACMA, The Farmer’s Market, El Rey Theatre, The Mint, Akasha, Public School
Submit your offers now!
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Outstanding projected cap rate of 5.05%
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Opportunity zone!!! Major tax benefits (consult a CPA)!
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No rent control!
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Lovely residential neighborhood with clean, beautifully manicured streets!
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BEST LOCATION! Walking distance to the E Line Metro station which travels from Downtown LA to Santa Monica.
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Major curb appeal!
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All units separately metered for gas, electric AND water! Very low expenses!
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Large windows everywhere you look, making each room extremely light and bright.
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Dream 1031 exchange opportunity. Ready to close soon!
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With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.
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Private yard in the rear of the property, ideal for obtaining a rent premium.
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Moments from countless exciting mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (brand new Whole Foods), the Culver Steps (Amazon Studios), and Platform!