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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,600,000

Est. payment - /mo

5,005 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25028750

HOA Y/N No

Year Built 2024

Lot Size 5,005 Sqft

Property Sub-Type Quadruplex

Property Description

Introducing an exceptional 100% occupied investment opportunity—a newly constructed, non-rent controlled, four-unit complex in Culver City's 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 appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance 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 C28 - Culver City

Zoning LAR3

Interior

Cooling Ductless, High Efficiency, Zoned

Fireplaces Type None

Fireplace No

Appliance Washer

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Street Lights

View Y/N Yes

View City Lights

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Lawn, Landscaped, Street Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 4218001016

Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Green/Energy Cert Solar

Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Drew Dunn • Four Brothers Real Estate, Inc. • 949-413-7911

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4455 S Slauson AVE Culver City, CA 90230