2010 S Dunsmuir is a massive brand
new construction, Non-Rent Controlled, luxury 5-Unit in prime Mid City. Set on a
quiet, tree lined street with standout curb appeal, this fully leased luxury asset
delivers a strong 6.07% cap rate supported by $290,100 in gross income.
The property features an unbeatable unit mix with three large four bedroom,
one equally impressive three bedroom unit and massive 5 bedroom unit,
all tri level townhome style with tenant friendly layouts. These residences
live like high end homes, offering oversized kitchens, generous living
rooms, designer tile work, modern cabinetry, stainless steel appliances,
large closets, abundant natural light, and multiple balconies.
The location is a major draw for younger, career stable renters who
want to live near Culver City’s rapidly expanding tech corridor. With Apple,
Amazon Studios, HBO, and Sony strengthening their presence, this pocket
of Mid City has become a favored home base for professionals seeking shorter
commutes, modern housing, and central access to the Westside, Beverly Hills,
and Downtown. This combination of new construction and proximity to major
employment hubs creates a deep, reliable tenant pool and sustained rental
demand.
With separate utility meters, brand new systems, drought tolerant landscaping,
ample parking, and a full one year builder’s warranty, this is a low maintenance,
high desirability investment. Priced at $750,000 per unit and $442.16 per square
foot, 2010 S Dunsmuir blends luxury design with strong income performance in one
of the most central neighborhoods in Los Angeles.