$3,600,000

4455 S Slauson Avenue, Culver City, CA 90230

  • 6,270 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon5,005sqft lot
  • Property Parking Icon 8 car garage
  • Property Price Per Square Feet Icon $574/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Introducing an exceptional 100% occupied investment opportunity—a newly constructed, non-rent controlled, four-unit complex in Culver City’s thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.30% with projections reaching 5.65% through built-in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. A unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. The new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. Attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of Los Angeles’ most sought-after rental markets. Don't miss out on this exceptional investment!

Listing Status:
Active
Date Added:
February 7, 2025 at 06:00AM
Listing Office:
Four Brothers Real Estate, Inc. : 323-408-1080
Listing Agent:
Drew Dunn : 949-413-7911
MLS ID:
OC25028750
  • Appliances: Washer
  • Laundry: Washer HookupElectric Dryer HookupInside
  • A/C: DuctlessHigh EfficiencyZoned
  • Fireplace: None
  • Eco/Green Feature: Solar
  • Pool: None
  • Parking: Parking spaces: 8
  • General: 3
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: LAR34218001016
  • View: City LightsView
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Drew Dunn, Four Brothers Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Stoner Avenue Elementary School

11735 Braddock Dr, Culver City, CA, 90230

Grades PK-5

0.17 miles away

M

Marina Del Rey School

12500 Braddock Dr, Los Angeles, CA, 90066

Grades 6-8

0.80 miles away

J

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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