2202 Thurman Avenue
Los Angeles, CA, 90016
$3,675,000
Beds
0 Baths
SqFt
0.16 Acres
Add
2202 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.44% cap rate. These units have gotten massive demand from high quality tenants due to it&#39'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 stabilized gross income of $262,800/year, this property offers strong cash flow and is ideal for 1031 exchange buyers.
The larger of the 4-bedroom units are leased at rates of: $5,600/month and the two slightly smaller units are leased at $5,400/month and $5,300/month. 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 $448.06. 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!

Property Details

Price:
$3,675,000
MLS #:
BB25104326
Status:
Active
Baths:
0
Address:
2202 Thurman Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
May 10, 2025
State:
CA
ZIP:
90016
Lot Size:
7,010 sqft / 0.16 acres (approx)
Year Built:
2024
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Laundry Features
Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included

Exterior

Architectural Style
Modern
Community Features
Sidewalks, Street Lights
Exterior Features
Lighting
Parking Features
Garage, Uncovered
Parking Spots
8.00

Financial

Taxes
$44,078

Map

Community

Similar Listings Nearby

2202 Thurman Avenue
Los Angeles, CA