Los Angeles, CA 90016
$3,500,000
Four unit new construction income property in an amazing Culver City adjacent location just minutes from Downtown Culver City and the Cumulus District. Total of 7,453 square feet of modern living space with 18 bedrooms, 18 bathrooms, 10 parking spaces in a gated lot, plus multiple balconies and private backyard. Conveniently located near major transportation hubs but also nestled within a surprisingly quiet residential neighborhood. All 4 units are currently leased by a single long term tenant with gross monthly rent of $21,700 ($260,400 per year) yielding a Cap Rate over 6% from day 1!
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Listed by Kia Hamadani, Hamadani Realty