Culver City, CA 90230,4455 S Slauson Avenue
Culver City, CA 90230,4455 S Slauson Avenue
Culver City, CA 90230,4455 S Slauson Avenue
39
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$3,600,000
Est. payment /mo
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14 Beds
16 Baths
5,004 Sqft Lot
Price Dropped by $50K

4455 S Slauson Avenue Culver City, CA 90230

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25028750

Bedrooms 14

HOA Y/N No

Lot Size 5,004 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Introducing an exceptional 100% occupied investment opportunitya newly constructed, non-rent controlled, 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 5.30% with projections reaching 5.65% 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 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation s
Introducing an exceptional 100% occupied investment opportunitya newly constructed, non-rent controlled, 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 5.30% with projections reaching 5.65% 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 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. 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!

Location

State CA

County Los Angeles

Area Culver City (90230)

Zoning Seller

Interior

Cooling Zoned Area(s)

Building

Story 3

Lot Size Range 4000-7499 SF

Level or Stories 3 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA

Space Rent $4,950

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA


San Diego Regional MLS (SDMLS)
Listed by Drew Dunn • Four Brothers Real Estate, Inc.

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agent

Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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4455 S Slauson Avenue