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2200 Thurman Ave, Mid-City

Luxury Mid-City Fourplex

Stunning 2024 luxury Mid-City fourplex made up of ALL 4 bedroom townhome-style units with top-tier finishes, spacious walk-in closets, modern sleek finishes and in-unit washers and dryers. The property’s prime location is just minutes walking to countless trendy shops, eateries, and convinces on W Adams Blvd. With an unheard of projected 5.90% cap rate, this is an excellent investment opportunity. Don’t miss your chance—contact us before it hits the market!

The Important
Details

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# Units:

Year Built:

Cap Rate:

GRM:

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$3,595,000

Fourplex

Pre-Market

4

2024

5.90%

13.14

$273,600/Year (Pro Forma)

6,640 sqft

6,250 sqft

$541.42

$898,750

4x 4b/4b

No

6 Garage Spaces, 2 Exterior Spots

Huge Balconies, ALL 4 Bedroom Units

The Highlights

  • Located in Prime Mid-City!

  • Ideal unit mix of ALL 4 bedrooms units!

  • Can be delivered rented!

  • Outstanding projected cap rate of 5.90%! Cash cow.

  • MASSIVE units (6.640 livable square feet) with premium floorplans.

  • Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!

  • Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!

  • All units separately metered for gas, electric AND water! Very low expenses!

  • Dream 1031 exchange opportunity. Ready to close soon!

  • With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.

  • Moments from countless exciting mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (brand new Whole Foods), the Culver Steps (Amazon Studios), and Platform!

The Neighborhood

<15-Minute Walk

Midtown Shopping Center, Hollywood Night Market, Planet Fitness, Five Guys, Pacific French Bakery, Spaccio Salumeria, Menchitas, Washington Irving Branch Library, Starbucks, , Roscoe's Chicken and Waffles, Olive Garden, Wingstop, Subway, Jamba Juice

<15-Minute Drive

Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen

<$15 Uber Ride

Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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