1818 Thurman, Los Angeles, CA 90019
List Price: $4.45M
Listing Status: Active
0Days on Market: 102
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 2021
Lot Size: 10,782 sq ft
Garage Spaces: 12
Private Pool: Yes
Annual Property Tax: $52,839
MLS Number: BB26055829
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 one’s 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 builder’s warranty, helping keep expenses low and operations smooth. Just minutes from Downtown Culver City’s creative corridor and hot spots like Father’s 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.
Listing provided by: Lauren Cearley DRE #02146823 844-698-6487 lauren@myunits.com, Myunits.com Inc.
Source: CRMLS, MLS #: BB26055829
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.