NEW CONSTRUCTION SILICON BEACH EIGHT UNIT. SEVEN OF EIGHT UNITS LEASED AND SELLER TO DELIVER OCCUPIED.
We are pleased to offer a new construction, fully warrantied, eight townhome community in Culver City.
This location hits many high points: Located west of the 405, it is two miles south of Downtown Culver City, Culver City Steps, And Ivy Station which houses Amazon Studios, Sony Pictures, and HBO, to name a few. Moving southwest one mile from the property is Playa Vista and Del Rey. Close proximity to LAX, freeways, and the ocean further strengthen the location. You couldn’t find a property better situated in the mix of Silicon Beach and surrounding attractions.
All units just received CofO and utilities, currently seven of the eight units are leased. Due to the high demand of quality housing in this market lease-up is yielding strong results, providing the new owner with gross rents of $383,700 annually. The units are generously sized with open floor plans, private laundry, high-end finishes and two parking spots each.
Each unit is equipped with separate meters for water, gas and electricity. Energy efficient building materials, landscape, water reclamation systems, appliances and fixtures present the new owner with a fully warrantied, low maintenance, green certified, environmentally friendly property.
This rare asset is sure to impress even the most discerning investors with such a unique opportunity to acquire a new construction in this exclusive market.