2200 Thurman Ave, Mid-City
75% Leased Luxury Fourplex
75% LEASED ultra-high-end 2024 Mid-City fourplex, featuring ALL 4 bedroom townhome-style units with top-tier finishes, spacious walk-in closets, modern sleek designs, and in-unit washers and dryers. The property’s prime location is just minutes from trendy shops, eateries, and conveniences along W Adams Blvd. With its standout design and exceptional amenities, the property has generated massive demand from high-quality tenants seeking modern, upscale living.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
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Unit Mix:
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Rent Control:
$3,695,000
Fourplex
For Sale
4
2024
5.43%
14.00
$264,000/Year
8,202 sqft
7,010 sqft
$450.50
$923,750
4x 4b/4b
No
2 Garage Spaces, 6 Exterior Spots
No
Other Features:
Huge Balconies, ALL 4 Bedroom Units
The Highlights
75% LEASED!
Major tenant demand due to the stand out design and floorplans
Located in Prime Mid-City!
Ideal unit mix of ALL 4 bedrooms units!
Can be delivered fully rented!
Outstanding projected cap rate of 5.43%! Cash cow.
MASSIVE units (8,202 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
Contact
Lauren Cearley
213.302.8662
Property Presented By:
