Introducing an exceptional 100% occupied investment opportunitya newly constructed, non-rent controlled, 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 5.30% with projections reaching 5.65% 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 appliancesincluding a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwaveenhance 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 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. 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!
Details
MLS #
OC25028750
Listing Type
For Sale
Style
Town House
Sub-Type
New Construction
Status
Active
Year
2024
Days On Site
157
Listing Provided By
Four Brothers Real Estate, Inc. | Drew Dunn
Features
SQ Feet
6,270
Garage
8
Story(s)
3
Units
4
Building(s)
2
Zoning
LAR3
Acreage
0.11
Property View
Yes
Interior
Cooling
Ductless, High Efficiency, Zoned
Cooling Yes / No
Yes
Appliances
Washer
Fireplace Yes / No
No
Exterior
Lot Features
Front Yard, Lawn, Landscaped, Street Level
Parking
Garage Yes / No
Yes
Utilities
Sewer
Public Sewer
Location
Community Features
Street Lights
MLS Number: OC25028750
Drew Dunn – drewdunn25@gmail.com
Four Brothers Real Estate, Inc. – (323) 408-1080 – drewdunn25@gmail.com
Request a showing
Request a showing
Loading Form
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
MLS Number: OC25028750
Drew Dunn – drewdunn25@gmail.com
Four Brothers Real Estate, Inc. – (323) 408-1080 – drewdunn25@gmail.com
