4514 Lomita St.,
Mid-City
New Construction 5-Unit in Prime Mid-City | 4 of 5 Units Already Leased!
4514 Lomita Street is a newly constructed 5-unit asset in the heart of Mid-City, offering a projected 5.80% cap rate with four of five units already leased at market rents. The property features oversized 3- and 4-bedroom residences with modern finishes, in-unit laundry, private outdoor space, and separately metered utilities for low operating expenses. Located minutes from Culver City’s creative corridor and major employment hubs, this turnkey opportunity is well suited for investors seeking immediate income and long-term stability.
The Important
Details
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$3,399,000
5-Unit
Pre-Market
5
2025
5.80%
13.19
$257,616/Year
8,096 sqft
7,001 sqft
$419.84
$679,800
2 x 3b/3b, 1 x 3b/2b, 2 x 4b/4b
No
4 Garage Spots, 4 Exterior Spots
No
Other Features:
4/5 Units LEASED, No Rent Control!, 2025 New Construction
The Highlights
Outstanding projected cap rate of 5.80%! Cash cow. + MASSIVE units with premium floorplans.
4/5 units ALREADY LEASED at market rents!
No rent control!
Premium modern finishes and open layouts designed for today’s urban renter.
Ideal unit mix appealing to both families, roommates, and young professionals.
All units separately metered for electric and gas— low operating expenses!
Located near Downtown Culver City’s creative corridor and hotspots like Father’s Office, Etta, Margot, and the Platform District
Minutes to major employers — Amazon Studios, Apple, HBO — ensuring strong tenant demand and stability plus moments from countless exciting mixed-use developments such as Ivy Station, the Cumulus Development (Whole Foods), the Culver Steps, and Platform!
Turnkey 1031 exchange opportunity — ready to close now!
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
Downtown Culver City, Ivy Station, The Culver Steps, Trader Joes, Equinox, Amazon Studios, The Culver Hotel, Sony Pictures, Midtown Shopping Center, The Grove, LACMA, The Farmer’s Market, El Rey Theatre, Pasta Sisters,The Mint, Akasha, Public School, The Mandrake
Property Presented By:
