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4455 S Slauson Avenue
Culver City, CA 90230
Residential (Quadruplex)
0.11 Acres
6270 Sqft Living Area
14 Bedrooms
16 Bathrooms (16 Full, 0 Half)
Year Built: 2024
$3,750,000
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Property Description
We're thrilled to introduce a unique opportunity – a recently constructed, non-rent controlled, vacant four-unit complex in Culver City, uniquely positioned within the dynamic Silicon Beach district. This sought-after locale is a magnet for major industry players like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, Beats Electronics, and a host of other tech and entertainment enterprises, creating a dynamic environment. With the robust demand for quality housing in this market, all four units are anticipated to be quickly occupied, projecting a pro forma gross rent of $273,600 for the new owner. These residences feature expansive layouts that highlight open floor plans, private laundry facilities, multiple decks, and high-end finishes. Each unit also provides the convenience of two private parking spaces. The front duplex comprises 3-bedroom, 3.5-bath units, while the back duplex features 4 bedrooms, 4.5 bathrooms – a highly desirable unit mix for the area. Individualized control over utility usage is facilitated by separate meters for water, and electricity. Modern appliances, including washer, dryer, dishwasher, 36-inch range, refrigerator, and OTR microwaves, enhance the overall allure of the property. Furthermore, the building incorporates fully paid-off solar panels for each unit, contributing to an energy-efficient footprint. From construction materials to landscaping, water reclamation systems, appliances, and fixtures, every facet of this property reflects a commitment to environmental sustainability. The new owner will benefit from a fully warranted, easily maintained, green-certified property, embodying eco-conscious practices. This property is attractively priced to sell, boasting a generous 5.59% cap rate, making it an exceptional investment opportunity for those seeking both current income and future growth. The rear duplex features a spacious four-car garage that has the potential for conversion into an ADU, thereby enhancing the investment opportunities associated with this property. This presents a valuable opportunity for increasing your cap rate and overall investment potential, whether pursued immediately or at a later stage. Buildings of this kind are rarely hitting the market in this Los Angeles neighborhood. Seize this chance to acquire an income-generating asset in an area with substantial long-term potential.
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Contact Details
Name: Drew Dunn
Email: drewdunn25@gmail.com
MLS Listing Id: OC24008907
Agent Phone: (949) 413-7911
List Agent License: 01941825
Office Name: Four Brothers Real Estate
Office Phone: (323) 408-1080
Office MLS Id: OC03969
Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
