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2202 Thurman Avenue

Los Angeles, CA 90016

– beds
– baths
– sqft
7,010 sqft lot
2024 build
– on site

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!

Listed By CRMLS_CA / Cheyenne Womack / Myunits.com Inc. / 805-973-7470

Last checked: Checking… • Last updated May 14, 2025 •

MLS# BB25104326 —

The Building

Year Built:

2024
Year Built Source:

Builder
New Construction:

No
Building Area Total:

8202.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Modern
Exterior Features:

Lighting
Stories Total:

3
Entry Level:

1
Common Walls:

No Common Walls
Green Verification:

1
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

5

Interior

Features:

Open Floorplan, Recessed Lighting
Levels:

Three Or More
Entry Location:

Ground Level
Window Features:

Double Pane Windows
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

From 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.
Latitude:

34.03784500
Longitude:

-118.36627200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

LARD1.5
Lot Features:

Landscaped
Lot Size Area:

7010.0000
Lot Size Acres:

0.1609
Lot Size SqFt:

7010.00
Lot Size Source:

Public Records
View:

1
View:

City Lights, Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

270...
Tax Lot:

47
Tax Annual Amount:

44078.00

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

5064022016

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Included:

Yes

The Community

Neighborhood:

Mid City
Features:

Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Garage, Uncovered
Parking Spaces:

8.00
Garage Spaces:

2.00
Uncovered Spaces:

6.00

Extra Units

Number With Dishwasher:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/14/25 May 14, 2025	Listed / Active	CRMLS_CA	$3,675,000

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This multifamily located in Central LA, Los Angeles, CA 90016 is currently for sale for $3,675,000. 2202 Thurman Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2202 Thurman Avenue is in the Central LA neighborhood of Los Angeles. This multifamily is in the attendance area of Alexander Hamilton Senior High School, Daniel Webster Middle School, and Marvin Elementary School.

Listing Courtesy of: CRMLS_CA and Myunits.com Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:32 on May 14.

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.