Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

7,453 sqft

Lot size

5,889 sqft

Year built

2024

Stories

3

Style

Modern

Heating

Central

Cooling

Central Air

Status

Active

Days on market

0

MLS #

248863076

About this property

Four unit new construction income property in an amazing Culver City adjacent location just minutes from Downtown Culver City and the Cumulus District. Total of 7,453 square feet of modern living space with 18 bedrooms, 18 bathrooms, 10 parking spaces in a gated lot, plus multiple balconies and private backyard. Conveniently located near major transportation hubs but also nestled within a surprisingly quiet residential neighborhood. All 4 units are currently leased by a single long term tenant with gross monthly rent of $21,700 ($260,400 per year) yielding a Cap Rate over 6% from day 1!

Location

2533 S Spaulding Avenue

Los Angeles, Los Angeles, CA, 90016