5209 20th St Los Angeles, CA 90016
Mid-City NeighborhoodEstimated payment $27,226/month
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
Myunits.com Inc. Brokerage Phone: 213-302-8662 License #02146823 Listed on: 03/26/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB26055756
APN: 5063-001-015
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Ask me questions while you tour the home.