$4,299,000
NEW CONSTRUCTION

Estimated payment $27,226/month

23 Beds
28 Baths
9,236 Sq Ft
$465 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Laundry Room
  • City Lights View
  • Living Room
  • Landscaped

About This Home

5209 W 20th St is a newly constructed, fully stabilized six unit investment located on a quiet tree lined street in prime Mid City. This luxury asset delivers a true 6.25% cap rate supported by $336,000 in gross income and $268,598 in net operating income, offering investors immediate day one cash flow in one of Los Angeles’ strongest rental markets. The property features an exceptional unit mix of five expansive four bedroom tri level townhome style residences and one equally impressive three bedroom unit. These homes offer oversized kitchens, generous living spaces, designer tilework, modern cabinetry, stainless steel appliances, large closets, abundant natural light, multiple balconies, and massive rooftop decks that create a true luxury rental experience. The location is a major draw for career stable renters seeking proximity to Culver City’s rapidly expanding tech and media corridor. With Apple, Amazon Studios, HBO, and Sony continuing to expand nearby, this pocket of Mid City has become a preferred home base for professionals seeking shorter commutes, modern housing, and convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. This combination of new construction and proximity to major employment hubs creates a deep and reliable tenant pool with sustained rental demand. With separate utility meters, brand new building systems, drought tolerant landscaping, ample parking, and a full one year builder warranty, the property offers investors a low maintenance and operationally efficient asset. Priced at $716,500 per unit and $465 per square foot, 5209 W 20th St blends luxury design with strong in place income performance in one of the most central neighborhoods in Los Angeles.

Listing Agent

Lauren Cearley

Myunits.com Inc. Brokerage Phone: 213-302-8662 License #02146823 Listed on: 03/26/2026

Co-Listing Agent

Cheyenne Womack

Myunits.com Inc. Brokerage Phone: 213-302-8662 License #02064825

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $51,042

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,493 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 4 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 9,236 Sq Ft Home
  • 3-Story Property
  • Living Room

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 28 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 1051
  • Tax Tract Number 1566
  • Assessor Parcel Number 5063001015

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $5,080
  • Maintenance Expense $1,200
  • New Taxes Expense $51,042
  • Operating Expense $57,322
  • Gross Income $336,000
  • Net Operating Income $268,598

Property Details

Home Type

Apartment

Est. Annual Taxes

$51,042

Year Built

Built in 2025 | New Construction

Lot Details

7,493 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 6.25
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5063001015
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 465.46
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator, Gas Range, Electric Oven, Dishwasher
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7493.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1531 Square Feet
  • Gross Income: 336000.00
  • Gross Multiplier: 12.79
  • Gross Operating Income: 325920.00
  • Gross Scheduled Income: 336000.00
  • Insurance Expense: 5080.00
  • Lot Size Area: 7493.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 268598.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 57322.00
  • Rent Control: Yes
  • Total Actual Rent: 23550.00
  • Total Expenses: 57322.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 51042.00
  • Tax Lot: 1051
  • Tax Rate: 1.18
  • Tax Tract Number: 1566
  • Tax Annual Amount: 51042.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 For Sale $4,299,000 -- $465 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Stewart Title
Grant Deed -- Stewart Title
Gift Deed -- Universal Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB26055756

California Regional Multiple Listing Service (CRMLS)

APN: 5063-001-015

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