A brand new 2023/2024 construction OPPORTUNITY ZONE, NON RENT CONTROLLED fourplex in prime West Adams minutes from Downtown Culver City & the Culver City Arts District! This is a rare opportunity to secure a stunning fourplex with floorplans and finishes that are out of this world! We project a whopping $223,200 in gross annual rents!
5.33% (pro forma)
14.33 (pro forma )
2x 4b/4b, 2x 3b/3.5b
No rent control
Ultra-high-end designer finishes
Exceptional cap rate of 5.33%
Perfect 1031 exchange option
6 parking spaces + 2 bonus spots
Prime location near Culver City
Spacious rear patio
Tons of balconies
1 year fit and finish warranty
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Cento Pasta Bar, Highly Likely Cafe, Sweet E's Bake Shop, Hollywood Night Market, High Fidelity Records, All Power Books, Honey Bee’s House of Breakfast, Menchitas, Roscoe’s Chicken & Waffles, Simply D’s LA
Sprouts, Starbucks, Target, Planet Fitness, Spaccio Salumeria, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen
>$10 Uber Ride
Plaform, Ivy Station, Culver City Steps, Cumulus District (Whole Foods), Trejo’s Tacos, Downtown Culver City, Met Him at a Bar, All Season Brewing Company, République Café Bakery & Restaurant, Mandrake, The Grove, LACMA
Submit your offers now!
No rent control!
QUALIFIED OPPORTUNITY ZONE! Major tax benefit! (consult CPA).
Amazing 5.33% pro forma cap rate
The average price per square foot of nearby new construction duplexes and triplexes is $558.11 This is priced to sell at $494.97.
Premium units with expansive, open floorplans and upscale, designer finishes.
Ideal property for owner occupiers! Live the life of luxury in one of the impressive units while having tenants in the other units pay the mortgage!
Dream 1031 exchange opportunity.
All units separately metered for gas, electric AND water! Microscopic expenses!
Moments from several ground-breaking mixed-use developments such as Ivy Station (HBO headquarters), Platform, the Helms Bakery District, the Cumulus Development (Whole Foods), and the Culver Steps (Amazon Studios).
6 legal parking spaces + 2 bonus spots!
Large rear patio area
Minutes to the Culver City Arts District and heart of Culver City!
Great way to obtain easy, passive income!
Delivered with a 1 year fit and finish warranty.