4455 Slauson ave, Culver City, CA 90230
Active
$3,600,000
1%
4 Units
14 Beds
16 Baths
6,270 Area(sq.ft.)
Lot: 5,004 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | $ 4,950 | $ 4,950 | $ 5,195 |
| Unit 2 | 1 | 3 | 3 | No | $ 4,950 | $ 4,950 | $ 5,100 |
| Unit 3 | 1 | 4 | 5 | No | $ 5,250 | $ 5,250 | $ 5,650 |
| Unit 4 | 1 | 4 | 5 | No | $ 5,850 | $ 5,850 | $ 6,150 |
| 4 | 14 | 16 | $ 21,000 | $ 21,000 | $ 22,095 |
| MLS #: | OC25028750MR |
| Days On Market: | 302 |
| Listing Date: | February 7, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 574 |
| Price per unit: | $ 900,000 |
| Year Built: | 2024 |
Property Details
Introducing an exceptional 100% occupied investment opportunity a newly constructed, non-rent controlled, four-unit complex in Culver City s thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.30% with projections reaching 5.65% through built-in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliances including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. A unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. The new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. Attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of Los Angeles most sought-after rental markets. Don't miss out on this exceptional investment!Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 241,920 |
| Total Annual Expense: | $ 52,369 |
| Net Operating Income: | $ 189,551 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| View Description: | City Lights |
| Water: | Public |
Land & Parking
| Zoning: | LAR3 |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Ductless, High Efficiency, Zoned |
| Fireplace Rooms: | None |
| Laundry: | Electric Dryer Hookup, Hookup - Electric, Inside, Washer, Washer Hookup, Washer Included |
Exterior
| Pool: | No |
Detailed Map
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