4455 Slauson Avenue, Culver City, CA 90230
  • MLS#: OC25028750 ( Multi-Family )
  • Street Address: 4455 Slauson Avenue
  • Viewed: 8
  • Price: $3,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: Culver City
  • Zipcode: 90230
  • Provided by: Four Brothers Real Estate, Inc.
  • Contact: Drew Drew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Introducing an exceptional investment opportunitya newly constructed, non rent controlled, fully occupied four unit complex in Culver Citys thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.20% with projections reaching 5.52% through built in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3 bedroom, 3 bath units, while the rear duplex offers two expansive 4 bedroom, 4.5 bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliancesincluding a washer, dryer, dishwasher, 36 inch range, refrigerator, and over the range microwaveenhance the home's appeal, while fully paid off solar panels for each unit promote energy efficiency. A unique value add opportunity exists with the spacious four car garage, which can be converted into an additional 3 bedroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. Every aspect of this property reflects a commitment to sustainability, from eco friendly construction materials to water reclamation systems and drought resistant landscaping. The new owner will acquire a fully warranted, low maintenance, green certified property with long term appreciation potential. Attractively priced and strategically located in a high growth area, this is a rare opportunity to secure a prime income generating asset in one of Los Angeles most sought after rental markets. Don't miss out on this exceptional investment!
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Features
Property Type
  1. Multi-Family