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2200 Thurman Avenue

Los Angeles, CA 90016

– beds
– baths
– sqft
7,010 sqft lot
2024 build
– on site

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!

Listed By CRMLS_CA / Elizabeth Maddox / Myunits.com Inc. / 818-850-8485

Last checked: Checking… • Last updated Jan 8, 2025 •

MLS# BB25003091 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2024
Year Built Source:

Seller
New Construction:

Yes
Building Area Total:

8202.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Modern
Stories Total:

3
Entry Level:

1
Accessibility Features:

Parking
Common Walls:

1 Common Wall
Green Verification:

1
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

5

Interior

Features:

Living Room Balcony, Open Floorplan, Recessed Lighting
Levels:

Three Or More
Entry Location:

Front
Window Features:

Double Pane Windows
Flooring:

Vinyl
Room Type:

Kitchen, Living Room, Walk-In Closet
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Inside, Washer Hookup, Washer Included
Laundry:

1

Location

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!
Latitude:

34.03798000
Longitude:

-118.36601000

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

LARD1.5
Lot Features:

Paved, Yard
Lot Size Area:

7010.0000
Lot Size Acres:

0.1609
Lot Size SqFt:

7010.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

6460
Tax Lot:

47
Tax Annual Amount:

44318.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5064022016

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Included:

Yes

The Community

Neighborhood:

Mid-City
Features:

Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Paved, Garage
Parking Spaces:

8.00
Garage Spaces:

2.00
Uncovered Spaces:

4.00
Carport Spaces:

2.00

Extra Units

Number With Disposal:

4
Number With Dishwasher:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/7/25 Jan 7, 2025	Listed / Active	CRMLS_CA	$3,695,000	396.0% (42.3% / YR)
11/20/24 Nov 20, 2024	Sold	BRIDGE
11/18/24 Nov 18, 2024	Listed / Active	BRIDGE

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This multifamily located in Central LA, Los Angeles, CA 90016 is currently for sale for $3,695,000. 2200 Thurman Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 2200 Thurman Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Alexander Hamilton Senior High School, Marvin Elementary School, and Daniel Webster Middle School.

Listing Courtesy of: CRMLS_CA and Myunits.com Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 07:12 on Jan 08.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.