2200 Thurman Ave Los Angeles, CA 90016
Mid-City NeighborhoodEstimated payment $20,681/month
16
Beds
16
Baths
8,202
Sq Ft
$438
Price per Sq Ft
Highlights
- No Units Above
- Modern Architecture
- Living Room Balcony
- Open Floorplan
- Neighborhood Views
- 4-minute walk to Genesee Avenue Park
About This Home
2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.71% 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 stabilized gross income of $262,800/year, this property offers strong cash flow and is ideal for 1031 exchange buyers.
The larger of the 4-bedroom units are leased at rates of: $5,600/month and the two slightly smaller units are leased at $5,400/month and $5,300/month. 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 $438.31. 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!
Listing Agent
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 09/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,934
Year Built
- Built in 2024
Lot Details
- 7,010 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Fenced
- New Fence
- Landscaped
- Level Lot
Parking
- 6 Open Parking Spaces
- 2 Car Garage
Home Design
- Modern Architecture
- Quadruplex
- Turnkey
Interior Spaces
- 8,202 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Recessed Lighting
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Living Room Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 47 / 5
- Tax Tract Number 6460
- Assessor Parcel Number 5064022016
- $209 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $600
- Gardener Expense $1,200
- Insurance Expense $3,281
- Maintenance Expense $1,600
- New Taxes Expense $43,118
- Operating Expense $49,799
- Gross Income $21,900
- Net Operating Income $205,117
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,934 | $1,252,225 | $1,252,225 | -- |
| 2024 | $14,934 | $1,227,672 | $1,227,672 | -- |
| 2023 | $14,645 | $1,203,600 | $1,203,600 | $0 |
| 2022 | $14,064 | $1,180,000 | $944,000 | $236,000 |
| 2021 | $9,873 | $814,762 | $651,811 | $162,951 |
| 2020 | $9,974 | $806,409 | $645,128 | $161,281 |
| 2019 | $9,580 | $790,598 | $632,479 | $158,119 |
| 2018 | $9,490 | $775,097 | $620,078 | $155,019 |
| 2016 | $9,079 | $745,000 | $596,000 | $149,000 |
| 2015 | $5,269 | $425,331 | $305,994 | $119,337 |
| 2014 | $5,282 | $415,879 | $301,362 | $114,517 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $3,595,000 | 0.0% | $438 / Sq Ft |
| 11/20/2024 11/20/24 | Rented | $5,600 | +9.1% | -- |
| 10/23/2024 10/23/24 | Price Changed | $5,133 | -8.3% | $3 / Sq Ft |
| 10/21/2024 10/21/24 | For Rent | $5,599 | 0.0% | -- |
| 09/02/2015 09/02/15 | Sold | $745,000 | 0.0% | $371 / Sq Ft |
| 08/03/2015 08/03/15 | Pending | -- | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $745,000 | +78.7% | $371 / Sq Ft |
| 03/19/2014 03/19/14 | Sold | $417,000 | -12.2% | $318 / Sq Ft |
| 02/10/2014 02/10/14 | Pending | -- | -- | -- |
| 01/08/2014 01/08/14 | For Sale | $474,900 | -- | $362 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,180,000 | Equity Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $745,000 | Lawyers Title Vn | |
| Grant Deed | $417,000 | Lsi Title Company | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $372,476 | None Available | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,040,000 | Construction | |
| Previous Owner | $765,000 | New Conventional | |
| Previous Owner | $340,000 | Unknown | |
| Previous Owner | $321,000 | Unknown | |
| Previous Owner | $296,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $107,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25198049
APN: 5064-022-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 2218 S Genesee Ave
- 5740 S Glennie Ln Unit C
- 1944 S Spaulding Ave
- 2401 Carmona Ave
- 2120 Carmona Ave
- 1833 S Marvin Ave
- 2235 Hauser Blvd
- 2301 Hauser Blvd
- 2309 Hauser Blvd
- 1849 Clyde Ave
- 2333 Hauser Blvd
- 2525 Thurman Ave
- 2226 Hauser Blvd
- 2108 Hauser Blvd
- 1806 S Genesee Ave
- 2541 S Curson Ave
- 1847 S Curson Ave
- 2201 S Ridgeley Dr
- 1849 S Fairfax Ave
- 5711 W 18th St
- 2035 S Curson Ave
- 2031 S Curson Ave
- 2110 S Marvin Ave
- 2218 Carmona Ave
- 2218 Carmona Ave
- 5438 W Washington Blvd Unit 1
- 1923 Carmona Ave
- 2333 Hauser Blvd
- 2405 Hauser Blvd
- 2108 Hauser Blvd Unit 1
- 1850 S Curson Ave Unit 1850 S. Curson Ave
- 2209 S Ridgeley Dr
- 1927 Hauser Blvd
- 2228 S Ridgeley Dr
- 2530 Carmona Ave Unit 3
- 5961 Guthrie Ave Unit 2
- 5960 Guthrie Ave Unit 5960
- 1829 S Fairfax Ave
- 2106 S Ridgeley Dr Unit 2
- 2203 Burnside Ave Unit 1