Share this with your friends
+16617137365
ReMax Gateway
2727 S La Brea Avenue, Los Angeles, CA 90016
- $6,200,000
- 32
- BD
- 32
- BA
- 15,860
- SqFt
- List Price
- $6,200,000
- Status
- ACTIVE
- MLS#
- 26103757
- Year Built
- 2022
- Bedrooms
- 32
- Bathrooms
- 32
- Living Sq. Ft
- 15,860
- Lot Size
- 16,000
- Acres
- 0.37
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Modern
- Stories
- Three Or More Levels
Property Description
10 Units | 2022 Construction | West Adams Adj. Culver City | 6.9% Actual Cap | 100% Leased. Ten-unit, 2022-built (No Rent Control) West Adams portfolio between Culver City and DTLA 100% leased, 6.9% actual cap rate, $40,743/mo in place. 2 side-by-side lots each with their own APN, 2 driveway aisles, 4 buildings, at 2725, 2727, 2733 & 2801 S. La Brea (approx. 15,860 SF) with a mix of 1, 3, & 4-bedroom units featuring stainless appliances, in-unit washer/dryer, laminate flooring, high ceilings and central HVAC. Near-new construction means low CapEx and a clean, modern rent roll. Located in an Opportunity Zone, NON-rent-controlled, 2 minutes to the 10 with quick access to the 110, 90 and 405, near the Metro E Line, and a short drive to LAX. Surrounded by major investment: Apple's 536,000 SF Culver Crossings campus, Amazon MGM Studios, HBO at Ivy Station, Sony Pictures, Kilroy's Blackwelder creative campus, Carmel Partners' 1,210-unit Cumulus District with Whole Foods, CIM Group's West Adams and Crenshaw mixed-use projects, and the new Costco with 800 apartments in Baldwin Village. Minutes to Downtown Culver City, Baldwin Hills Crenshaw Plaza, SoFi Stadium, and Intuit Dome. Offered at $6.2M combined or $3.1M per building.
Additional Information
- Appliances
- Dishwasher, Disposal, Microwave, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Peek-A-Boo
- Exterior Construction
- Stucco
- Garage Spaces Total
- 5
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Open Floorplan, Recessed Lighting
- Attached Structure
- Detached
- Number Of Units Total
- 10
Listing courtesy of Listing Agent: Cesar Leyva (Cesar@CesarLeyva.com) from Listing Office: Beverly & Company Luxury Properties.
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.