4937 W 20th St, Los Angeles, CA 90016

Property Description

SEVEN ON 20TH -NEW CONSTRUCTION SEVEN UNIT- We are pleased to announce a Green Certified new construction seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Certificates of Occupancy for all units have just been issued and leasing has begun. Incredible rent comps are being achieved in this neighborhood, driven largely by the the surrounding tech hubs and supporting services providing high-paying and stable jobs. Mid-City on the whole has been a very hot market, but the west side, which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. This non-rent-controlled luxury complex is comprised of three duplexes and one detached single family, totaling seven new construction, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas and electricity as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property will be completed with drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.