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JD Cooper
2727 S La Brea Ave, Los Angeles, CA 90016
- $6,200,000
- 32
- BD
- 32
- BA
- 15,860
- SqFt
- List Price
- $6,200,000
- MLS#
- 26103757
- Year Built
- 2022
- Bedrooms
- 32
- Bathrooms
- 32
- Living Sq. Ft
- 15,860
- Lot Size
- 16,000
- Days on Market
- 4
- Property Type
- Multifamily
- Style
- Modern
- Stories
- 3
Property Description
10 Units | 2022 Construction | West Adams Adj. Culver City | 6.9% Actual Cap | 100% Leased. Ten-unit, 2022-built (No Rent Control) West Adams portfolio between Culver City and DTLA 100% leased, 6.9% actual cap rate, $40,743/mo in place. 2 side-by-side lots each with their own APN, 2 driveway aisles, 4 buildings, at 2725, 2727, 2733 & 2801 S. La Brea (approx. 15,860 SF) with a mix of 1, 3, & 4-bedroom units featuring stainless appliances, in-unit washer/dryer, laminate flooring, high ceilings and central HVAC. Near-new construction means low CapEx and a clean, modern rent roll. Located in an Opportunity Zone, NON-rent-controlled, 2 minutes to the 10 with quick access to the 110, 90 and 405, near the Metro E Line, and a short drive to LAX. Surrounded by major investment: Apple's 536,000 SF Culver Crossings campus, Amazon MGM Studios, HBO at Ivy Station, Sony Pictures, Kilroy's Blackwelder creative campus, Carmel Partners' 1,210-unit Cumulus District with Whole Foods, CIM Group's West Adams and Crenshaw mixed-use projects, and the new Costco with 800 apartments in Baldwin Village. Minutes to Downtown Culver City, Baldwin Hills Crenshaw Plaza, SoFi Stadium, and Intuit Dome. Offered at $6.2M combined or $3.1M per building/lot.
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Additional Information
- Lot Description
- Automatic Gate, Exterior Security Lights, Fenced, Gutters
- Other Buildings
- None
- Bedroom Features
- WalkInCloset, Primary Bedroom, Main Floor Primary Bedroom, Ground Floor Primary
- Kitchen Features
- Quartz Counters
- Pool Description
- None
- Heat
- Central
- Cooling
- Air Conditioning, Central
- View
- Tree Top, City Lights, Peek-A-Boo
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Assigned, Auto Driveway Gate, Covered Parking, Garage - 1 Car, Driveway Gate, Garage Is Attached
- Garage Spaces Total
- 5
- Water
- District
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Courtesy of Beverly & Company Luxury Properties, Cesar Leyva - CA DRE#01490664
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