Introducing an exceptional investment opportunity—a newly constructed, non-rent controlled, fully occupied four-unit complex in Culver City’s thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.20% with projections reaching 5.52% through built-in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. A unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 3-bedroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. The new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. Attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of Los Angeles’ most sought-after rental markets. Don't miss out on this exceptional investment!
DAYS ON MARKET
|
15
|
LAST UPDATED
|
2/7/2025
|
YEAR BUILT
|
2024
|
COMMUNITY
|
Culver City
|
GARAGE SPACES
|
8.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
AIR |
Ductless, High Efficiency, Zoned |
AIR CONDITIONING |
Yes |
APPLIANCES |
Washer |
AREA |
Culver City |
GARAGE |
Yes |
HOA DUES |
0 |
LOT |
5004 sq ft |
LOT DESCRIPTION |
Front Yard, Landscaped, Lawn, Street Level |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
3 |
VIEW |
Yes |
VIEW DESCRIPTION |
City Lights |
WATER |
Public |
ZONING |
LAR3 |
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Listed with Four Brothers Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/25 9:07 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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