Stabilized Six-Unit Multifamily
For Sale
Contact for pricing
1818 Thurman Ave., Los Angeles, CA 90019
Fully stabilized six-unit built in 2021, proven income.
Property Size10,178 SF
Price / SF$437.22
Days on Market170
Property Features for 1818 Thurman Ave.
General Information
Standard status
Active
Size
10,178 SF
Class
A
Property subtype
Multifamily
Zoning
LAR1
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$279,024
Building Details
Year Built
2021
Buildings
3
Stories
3
Units
6
Listing Agency:
Myunits.com
(818) 850-8485
Listed By:
Elizabeth Maddox · License #CA 01921425
Source:
Crexi
Added: Mar 13
Changed: Aug 15
Last Checked: Aug 26 at 2:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com
Investment Insights
Based on property information with market context.
The property at 1818 Thurman Ave is a fully stabilized six-unit multifamily property built in 2021. Each of the six residences are large 4 bed, 4 bath units with private entry, in unit laundry, and separate utilities. The units also feature 2 car private garage parking. Two of the units benefit from three additional outdoor parking spaces, bringing their total parking to five spaces. Current rents range from $4,795 to $5,900. The property features drought tolerant landscaping and a builder’s warranty. The property is located minutes from Downtown Culver City’s creative corridor and hot spots like Father’s Office, Etta, and Margot. The location attracts long term professionals working at Amazon Studios, Apple, HBO, Sony & more. The property size is 10178 square feet.
Key Highlights
- Fully stabilized six‑unit apartment building built in 2021 with a 6.27% cap rate and four years of proven income.
- Each unit features 4 beds, 4 baths, private entry, in‑unit laundry, separate utilities, and a 2‑car private garage.
- Located minutes from Downtown Culver City and major employers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully stabilized six-unit built in 2021, proven income.
Where is this apartment building located?
The property is located at 1818 Thurman Ave. Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: Fully stabilized six‑unit apartment building built in 2021 with a 6.27% cap rate and four years of proven income.; Each unit features 4 beds, 4 baths, private entry, in‑unit laundry, separate utilities, and a 2‑car private garage.; Located minutes from Downtown Culver City and major employers.
