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For SaleLuxury

$6,200,000

15,860 sqft$391/sqft18 days on market

2727 S La Brea Avenue

Los Angeles, CA 90016

· 8% down, 7% APR, 30yr fixed

32

Beds

32

Baths

15,860

Square feet

2022

Built

Listing narrative

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.

Listing agent (MLS): Cesar Leyva · Listing brokerage (MLS): Beverly & Company Luxury Properties

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$6,200,000

Beds

32 bd

Type

House

Home Size

15,860 sqft

Baths

32

Lot Size

0.37 acres

Year

2022

Status

For Sale

Days on Market

18

$ / Sqft

$391

· 8% down, 7% APR, 30yr fixed
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Courtesy of Beverly & Company Luxury Properties