For Sale

Listed by Lauren Cearley and Cheyenne Womack from The 2-4 Unit Specialists

Source: San Diego MLS #BB26055829

1818 Thurman Ave, Los Angeles, CA, 90019

$4,450,000

16
16
10782 sq. ft.

MultiFam

30+ days on the market

What's around 1818 Thurman Ave

About this property

1818 Thurman Ave is a fully stabilized 2021-built six-unit delivering a real 6.27% cap rate and four full years of proven income. In a market flooded with new builds still chasing tenants, this ones already performing. Each of the six residences are large 4 bed, 4 bath units with private entry, in unit laundry, separate utilities, and 2 car private garage parking. Two of the units also benefit from three additional outdoor parking spaces, bringing their total parking to five spaces, allowing for even higher rents. Current rents range from $4,795 to $5,900, making this a plug and play investment for 1031 buyers seeking strong day one income. Built for longevity, the property features drought tolerant landscaping and a builders warranty, helping keep expenses low and operations smooth. Just minutes from Downtown Culver Citys creative corridor and hot spots like Fathers Office, Etta, and Margot, the location attracts long term professionals working at Amazon Studios, Apple, HBO, Sony & more. With almost no stabilized new construction available and demand at an all-time high, 1818 Thurman is that rare, proven performer every investor wants but few can actually find.

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