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NEW CONSTRUCTION MID-CITY SEVEN UNIT TOWNHOME COMPLEX 6% CAP FULLY LEASED TO SECTION 8 TENANTS We are pleased to announce a NON-RENT CONTROLLED, Fully Warrantied, Green Certified and Solar equipped Seven-unit complex. All units leased to Section 8 tenants at market rents operating at a turnkey 6% Cap rate! 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. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, and supporting s...ervices providing high-paying and stable jobs. Mid-City overall has been a very hot market, its centralized location makes it convenient to get to the beach cities or downtown within minutes. This non-rent-controlled luxury complex is comprised of three duplexes, totaling seven new construction townhomes, each with private laundry rooms and parking for select units. The layouts are very functional and desirable among renters. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances, and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.

CRMLS, MLS#: PW24202422
Listed By: Citivest Realty Services, Inc, Martin Fish
Co-listed By: Seth Hamilton, seth@streetlampproperties.com
Sold By: Engel & Volkers Burbank, Juan Argueta

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Appliances

  • Dishwasher
  • Energy Star Qualified Appliances
  • Gas Oven
  • Gas Range
  • Microwave
  • Refrigerator
  • Self Cleaning Oven
  • Dryer
  • Washer

Architectural Style

  • Modern

Common Walls

  • Two Common Walls Or More

Community Features

  • Sidewalks
  • Urban

Cooling

  • Central Air
  • Energy Star Qualified Equipment

Electric

  • Volts220

Exterior Features

  • Lighting

Fencing

  • Excellent Condition

Fireplace Features

  • None

Flooring

  • Laminate

Foundation Details

  • Slab

Green Energy Efficient

  • Construction
  • Doors
  • Hvac
  • Insulation
  • Lighting
  • Thermostat
  • Water Heater
  • Windows
  • Appliances

Green Energy Generation

  • Solar

Green Sustainability

  • Conserving Methods
  • Recycled Materials
  • Renewable Materials

Green Water Conservation

  • Water Recycling

Heating

  • Central
  • Energy Star Qualified Equipment

Interior Features

  • Balcony
  • High Ceilings
  • Quartz Counters
  • Recessed Lighting

Laundry Features

  • Inside
  • Laundry Closet
  • Stacked

Levels

  • Three Or More

Lot Features

  • Six To Ten Units Acre

Parking Features

  • Assigned

Pool Features

  • None

Property Condition

  • Turnkey

Road Frontage Type

  • City Street

Road Surface Type

  • Paved

Roof

  • Common Roof

Security Features

  • Fire Detection System
  • Fire Sprinkler System
  • Security Gate
  • Key Card Entry
  • Smoke Detectors
  • Security Lights

Sewer

  • Public Sewer

Spa Features

  • None

Utilities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

View

  • City Lights
  • Neighborhood

WaterSource

  • Public

Window Features

  • Energy Star Qualified Windows

Rooms

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Listed By:
Citivest Realty Services, Inc
Martin Fish
Seth Hamilton, seth@streetlampproperties.com

Sold By:
Engel & Volkers Burbank
Juan Argueta

Data Source: CRMLS

MLS#: PW24202422

Data Source Copyright: © 2026 CRMLS All rights reserved.

© 2026 Provided by CRMLS

This property was listed on 9/30/2024 and last updated as of 5/2/2025 11:19:37 PM. OSI IDX updated the data from CRMLS on 11/6/2026 at 6:40 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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