top of page

2533 S Spaulding Ave, Culver City Adj.

Culver City Adj. Opportunity Zone Fourplex

Opportunity Zone, Culver City Arts District Adj 2024 fourplex made up of two 5b, 4b townhomes & two 4b, 4.5b townhomes. Projecting a conservative gross monthly rent of $21,000 & a cap rate of 5.55%, the property boasts numerous desirable features including NO RENT CONTROL, separate utilities meters, open floorplans & modern kitchens. Situated near major mixed-use developments such as Platform & the Culver City Steps.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$3,499,000

Fourplex

Pre-Market

4

2024

5.55%

13.88

$252,000/Year (Pro Forma)

7,546 sqft

5,889 sqft

$463.69

$874,750

2 x 5b/4b, 2x 4b/4.5b

Yes

N/A

Opportunity Zone, Non Rent Controlled

The Highlights

  • Outstanding projected cap rate of 5.55%! Cash cow.

  • Opportunity zone- major tax benefits (consult with your CPA).

  • MASSIVE units (7,546 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!

  • Ideal unit mix of two 5 bedrooms and two 4 bedrooms.

  • Minutes walking to Culver City!

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

  • Dream 1031 exchange opportunity.

  • 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 (Whole Foods), the Culver Steps (Amazon Studios), and Platform!

The Neighborhood

<15-Minute Walk

Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria

<15-Minute Drive

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

<$15 Uber Ride

he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

topography bg_myunits.png

Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

bottom of page