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2200 Thurman Ave
Los Angeles, CA 90016

$3,695,000 USD

Apartments For Sale  •  6,640 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,640 SF
  • Lot Size 0.14 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.46 %
  • Zoning LARD1.5
64 Transit Score
68 Walk Score

Highlights

75% LEASED NOW
Located in Prime Mid-City!
Ideal unit mix of ALL 4 bedrooms units!
Can be delivered rented!
Outstanding projected cap rate of 5.90%! Cash cow.
MASSIVE units (6.640 livable square feet) with premium floorplans.

Financial Summary (Proforma)

Net Operating Income: $201,738 USD (2024)
Cap Rate: 5.46 %
Total Expenses: $51,702 USD

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Handrails
  • Instant Hot Water
  • Island Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 14 min - 9.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.1 mi
Transit/SubwayDriveWalkDistance
La Cienega/Jefferson (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 15 min - 8.0 mi
Bob Hope 27 min - 13.9 mi
Long Beach (Daugherty Field) 33 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Elizabeth Maddox 818-859-7242 Myunits.com
Elizabeth Maddox 818-859-7242 Myunits.com