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$4,299,000
Est. payment /mo
15 Beds
19 Baths
7,493 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26055756
Bedrooms 15
Lot Size 7,493 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
5209 W 20th St is a newly constructed, fully stabilized six unit investment located on a quiet tree lined street in prime Mid City. This luxury asset delivers a true 6.25% cap rate supported by $336,000 in gross income and $268,598 in net operating income, offering investors immediate day one cash flow in one of Los Angeles strongest rental markets. The property features an exceptional unit mix of five expansive four bedroom tri level townhome style residences and one equally impressive three bedroom unit. These homes offer oversized kitchens, generous living spaces, designer tilework, modern cabinetry, stainless steel appliances, large closets, abundant natural light, multiple balconies, and massive rooftop decks that create a true luxury rental experience. The location is a major draw for career stable renters seeking proximity to Culver Citys rapidly expanding tech and media corridor. With Apple, Amazon Studios, HBO, and Sony continuing to expand nearby, this pocket of Mid City has become a preferred home base for professionals seeking shorter commutes, modern housing, and convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. This combination of new construction and proximity to major employment hubs creates a deep and reliable tenant pool with sustained rental demand. With separate utility meters, brand new building systems, drought tolerant landscaping, ample parking, and a full one year builder warranty, the property offers investors a low maintenance and operationally efficient asset. Priced at $716,500 per unit and $465 per square foot, 5209 W
Location
State CA
County Los Angeles
Zoning Builder
Direction Located in Mid City just south of Pico Blvd, 5209 W 17th St offers quick access to Culver City, Miracle Mile, and the Westside,
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5063001015
Virtual Tour https://www.myunits.com/buy/5209w20th
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Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
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