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Property

Los Angeles, CA 90016 2202 Thurman Avenue

2202 Thurman Avenue Los Angeles, CA - Image 12202 Thurman Avenue Los Angeles, CA - Image 22202 Thurman Avenue Los Angeles, CA - Image 3
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Presented By: Cheyenne Womack with Myunits.com Inc.; 805-973-7470
  • MLS# BB25104326
  • 05/14/2025
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 16
  • SQFT • 8,202
  • Garage • 2
  • Year Built • 2024

Home Details

2202 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.44% cap rate. These units have gotten massive demand from high quality tenants due to it's stand out design and unbeatable floorplans. Located next to the trendy Culver City Arts District, this property is just minutes from the trendies shops, galleries, and restaurants—making it a highly desirable investment. With a stabilized gross income of $262,800/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. The larger of the 4-bedroom units are leased at rates of: $5,600/month and the two slightly smaller units are leased at $5,400/month and $5,300/month. The property offers tri-level 4-bedroom, 4-bathroom townhomes, with massive balconies, high ceilings, and premium finishes. The building spans 8,202 sqft, with an excellent price per square foot of $448.06. 8 parking spots are secured behind a gate, adding to the property’s appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builder’s warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Don’t miss this opportunity to own a high-return property in one of LA’s most desirable neighborhoods. Contact us today to schedule a showing!
Presented By: Cheyenne Womack with Myunits.com Inc.; 805-973-7470

Interior Features for 2202 Thurman Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOpenFloorplan, RecessedLighting, InstantHotWater
Laundry FeaturesWasherHookup, ElectricDryerHookup
Total Stories3
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 2202 Thurman Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, GasRange, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.44
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsFrom the 10 Freeway: Exit La Brea Ave. Head south on La Brea Ave for about 0.6 miles, Turn right on Thurman Ave, 2202 Thurman Ave will be on your right.
ElectricStandard
Electric Expense600.0
Electric On Property Y/NNo
Entry LocationGround Level
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income262800.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4921.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsSubmit
Lot Size Square Feet7010.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense1600.0
MobileHomeRemainsYNNo
Net Operating Income199889.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces6.0
Operating Expense52399.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount44078.0
Tax Lot47
Taxes$44,078
Tenant PaysAllUtilities
Total Actual Rent21900.0
Trash Expense0.0
ViewCityLights, Neighborhood
Virtual TourClick here
Water Sewer Expense0.0
Year Built2024
Year Built SourceBuilder
ZoningLARD1.5

Exterior for 2202 Thurman Avenue

Building Area Total8202.0
Crops Included Y/NNo
Exterior AmenitiesLighting
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.1609
Lot Size Area7010.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesGarage, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $3,675,000
MLS#BB25104326
List Date 05/14/2025
Property Type Multi-Family
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