Skip To Content
    Return to Previous Page

    4937 W 20th Street

    Los Angeles, CA 90016
    • $3,888,000
    • STATUS: ACTIVE
    • ON SITE: 100 days
    • ID#: 302885310
    UPDATED: 44 min ago
    $3,888,000
    • 10
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    SEVEN ON 20TH OPPORTUNITY ZONE NEW CONSTRUCTION SEVEN UNIT NEAR COMPLETION- We are pleased to announce a Green Certified new construction seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Certificates of Occupancy for all units have just been issued.Incredible rent comps are being achieved in this SEVEN ON 20TH OPPORTUNITY ZONE NEW CONSTRUCTION SEVEN UNIT NEAR COMPLETION- We are pleased to announce a Green Certified new construction seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Certificates of Occupancy for all units have just been issued.Incredible rent comps are being achieved in this neighborhood, driven largely by the the surrounding tech hubs and supporting services providing high-paying and stable jobs. Mid-City on the whole has been a very hot market, but the west side, which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. This non-rent-controlled luxury complex is comprised of three duplexes and one detached single family, totaling seven new construction, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas and electricity as well as an owners common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property will be completed with drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegoareahomesforsale.co/homes/110729510
    Print Image

    4937 W 20th Street Los Angeles, CA 90016

    • Price: $3,888,000
    • Status: ACTIVE
    • Updated: 44 min ago
    • ID#: 302885310
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2020
    Built
    Neighborhood:
    Los Angeles (90016)
    County:
    Los Angeles
    Area:
    Los Angeles (90016)
    Property Description
    SEVEN ON 20TH OPPORTUNITY ZONE NEW CONSTRUCTION SEVEN UNIT NEAR COMPLETION- We are pleased to announce a Green Certified new construction seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Certificates of Occupancy for all units have just been issued.Incredible rent comps are being achieved in this SEVEN ON 20TH OPPORTUNITY ZONE NEW CONSTRUCTION SEVEN UNIT NEAR COMPLETION- We are pleased to announce a Green Certified new construction seven-unit complex. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. Certificates of Occupancy for all units have just been issued.Incredible rent comps are being achieved in this neighborhood, driven largely by the the surrounding tech hubs and supporting services providing high-paying and stable jobs. Mid-City on the whole has been a very hot market, but the west side, which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. This non-rent-controlled luxury complex is comprised of three duplexes and one detached single family, totaling seven new construction, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas and electricity as well as an owners common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property will be completed with drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K

    Interior Features

    Cooling Central Forced Air Stories 3 Story Total Baths Unit1 4 Total Baths Unit2 3 Total Baths Unit3 2 Total Baths Unit4 1 Units With Range Oven 7 Units With Refrigerators 7 Units With Washers 7

    Property Features

    Actual Cap Rate 5.2 Annual Expense Actual 64944 Assessments Yes/Remarks Buildings 4 Gross Rent Multiplier Actual 14.1 Gross Scheduled Income Actual 274800 Home Owners Fees 0.0 Possession Close Of Escrow Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0 Zoning Builder

    Listing provided courtesy of Citivest Realty Services, Inc. Listing information © 2021 San Diego MLS Inc. Source:
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302885310-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302885310-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302885310-1.jpg
    Logo
    Steven G. Fraioli & Associates
    13176 Midbluff Ave
    San Diego CA, 92128