1 of 44

Want to see similar homes for sale?

1818 Thurman Avenue

Los Angeles, CA 90019

– beds
– baths
– sqft
10,782 sqft lot
2021 build
– on site

More homes

1818 Thurman is a fully stabilized, pride-of-ownership 2021 construction 6-unit property located in prime Mid-City. We personally handled the leasing of this property and can attest to the fact that these units were the “belle of the ball” in Mid-City, quickly achieving $4,395 per unit. We concurrently handled the sale and lease up of the matching triplex located next door at 1824 Thurman, which just closed at $2,700,000 ($900,000 per unit). Enjoy a discount on 1818 Thurman, at only $800,000 per unit. 1818 Thurman features three tri-level “double-duplexes”, making for a total of six beautifully designed 4 bedroom, 4 bathroom units. This easy to manage 6-unit will provide investors a real cap rate of 4.79%. In addition to the impressive return, buyers will enjoy other notable perks including: NO RENT CONTROL, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come. This one-of-a-kind property is located just minutes away from Downtown Culver City, which has attracted superior tenants. Other notable features include: tons of yard area/outdoor space with turf, large balconies for each home, high ceilings, thoughtfully designed, spacious floorplans, stainless steel appliances, manicured landscaping, washer/dryers in each unit, chic bathrooms, immaculate kitchens, and private 2 car garages for every unit!

Listed By CRMLS_CA / Elizabeth Maddox / The 2-4 Unit Specialists

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# BB21112172 —

The Building

Year Built:

2021
Year Built Source:

Builder
New Construction:

Yes
Architectural Style:

Modern
Common Walls:

1 Common Wall, No One Above, No One Below
Building Area Total:

10178.00
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

6
Stories Total:

3
# of Separate Gas Meters:

6
# of Separate Water Meters:

6
# of Separate Electric Meters:

6

Interior

Features:

Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting
Levels:

Three Or More
Flooring:

Laminate, Tile
Room Type:

Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Location

Directions:

Located on Thurman between Venice Blvd and Washington Blvd
Latitude:

34.04195300
Longitude:

-118.36461700

The Property

Property Condition:

Turnkey
Zoning:

LAR1
Lot Features:

Landscaped, Level with Street, Level, Sprinklers Drip System
Lot Size Area:

10782.0000
Lot Size Acres:

0.2475
Lot Size SqFt:

10782.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

New Condition
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

2
Tax Census Tract:

2703.00
Taxes Percent:

1.20
Tax Tract:

6460
Tax Lot:

39

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

5064021042

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Sidewalks, Street Lights
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

12.00
Garage Spaces:

12.00

Extra Units

Number With Disposal:

6
Number With Dishwasher:

6
Number With Refrigerator:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
9/3/21 Sep 3, 2021	Sold	CRMLS_CA	$4,800,000
8/3/21 Aug 3, 2021	Pending	CRMLS_CA	$4,800,000
7/27/21 Jul 27, 2021	Listed / Active	CRMLS_CA	$4,800,000	336.4% (133.9% / YR)

Multifamily Sold on 9/3/2021

$4,800,000

Listing provided by broker:

Elizabeth Maddox

The 2-4 Unit Specialists

Newest listings in Los Angeles, CA

Similar sold homes

Listing Courtesy of: CRMLS_CA and The 2-4 Unit Specialists. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on May 07.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

1818 Thurman Avenue

Los Angeles, CA 90019