Oscar Isidro Morales Limon, Listing Office: OPTION ONE REALTY & INVESTMENT
#BB25003091·
Listing Office: Myunits.com Inc.·
Listing Agent: Elizabeth Maddox·
Listing Office Phone: 818-850-8485
2200 Thurman Ave Los Angeles, CA 90016
$3,695,000 List price
0.2 acres
Multi-Family
Property details
About 2200 Thurman Ave
2200 Thurman Ave is a 75% leased, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.43% 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 projected gross income of $264,000/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. Three of the 4-bedroom units are leased at rates of: $5,600/month for the two larger units and $5,400/month for the smaller unit. The remaining unit is projected to lease at $5,400/month. These units leased quickly even during the holidays! 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 $450.50. 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!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1609 Acres
Year builtNew Const., 2024
ParkingAssigned, Garage, Paved
MLS #BB25003091
Garage2 spaces
ViewCity Lights, Neighborhood
Summary
- MLS Number: BB25003091
- MLS Name: CRMLS
- Office Name: Myunits.com Inc.
- Office Phone: (818) 850-8485
- Listing Agent: Elizabeth Maddox
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,695,000
2200 Thurman Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 10, 2021 | Home Sold | $1,180,000 |
| Sep 02, 2015 | Home Sold | $745,000 |
| Mar 19, 2014 | Home Sold | $417,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $814,762 | $9,873 |
| 2020 | $806,409 | $9,580 |
| 2019 | $790,598 | $9,489 |
| 2018 | $775,097 | $9,285 |
| 2017 | $759,900 | $9,285 |
History based on county public records data.
Nearby schools
7
Marvin Avenue Elementary
Public District KG-5
0.2 mi
•2411 S Marvin Ave
5
Crescent Heights Blvd School
Public District KG-5
0.8 mi
•1661 S Crescent Heights Blvd
3
Cienega Elementary School
Public District KG-5
0.8 mi
•2611 S Orange Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,276. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
45%
<35k
46%
35k-100k
6%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
14%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
IKEA
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
Audi
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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This home is located at 2200 Thurman Ave in Los Angeles, CA and zip code 90016 in the Mid-City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $3,695,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.