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6006 Comey Ave, Culver City Arts District

Culver City Arts District Fully Leased 5-Unit

100% LEASED! MASSIVE, sleek and easy to manage new construction 5-unit located in the trendy Culver City Arts District. This location drew A+ tenants VERY QUICKLY thanks to the major lack of inventory in Culver City. Features rooftop decks, private patios, massive windows, sleek cabinetry and high ceilings. Plus it comes fully loaded with stainless steel kitchen appliances!

The Important
Details

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# Units:

Year Built:

Cap Rate:

GRM:

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$4,300,000

5-Unit

Sold

5

2024

5.36%

14.26

$308,280/Year

8,488 sqft

8,409 sqft

$517.79

$879,000

2 x 5b/5b, 1 x 4b/4b, 1 x 3b/2b, 1 x 2b/1b

No

8 Exterior Spaces

REAL 5.31% Cap Rate! Rooftop Decks

The Highlights

  • Located INSIDE of the ultra trendy and highly sought after Culver City Arts District- A major draw for A+ tenants! 

  • Outstanding projected cap rate of 5.36%! Cash cow.

  • MASSIVE units (8,499 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, one 4 bedroom, one 3 bedroom, and one 2 bedroom unit. 

  • Massive rooftop decks with awe-inspiring views of Los Angeles.

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

  • Dream 1031 exchange opportunity. Ready to close!

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

  • Moments WALKING to 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

The 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

The 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

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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