4514 Lomita St - Multi-Family FOR SALE


Los Angeles, CA 90019- Mid-City
$3,399,000 USD
818-859-7242
4514 Lomita St, Los Angeles, CA for Sale
$3,399,000 USD
Multi-Family - FOR SALE
1/28
null | 5.8% Cap Rate

4514 Lomita St
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Outstanding projected cap rate of 5.80%! Cash cow. + MASSIVE units with premium floorplans.
  • 4/5 units ALREADY LEASED at market rents!
  • No Rent Control!
  • Premium modern finishes and open layouts designed for today’s urban renter.
  • All units separately metered for electric and gas— low operating expenses!
  • Turnkey 1031 exchange opportunity — ready to close now!

OVERVIEW

The 5+ Unit Specialists are pleased to present 4514 Lomita Street, a newly constructed five-unit asset in the heart of Mid- City offering an attractive projected 5.80% cap rate with four of five units already leased at market rents. Unlike many new developments still working through lease-up, this property delivers immediate income with minimal operational lift. The property features five oversized, high-end residences with a desirable mix of expansive 3- and 4-bedroom floor plans. Each unit offers private entry, central HVAC, in-unit laundry, modern kitchens and baths, and generous outdoor space via balconies or patios. All utilities are separately metered, helping keep expenses low. One unit is designated as affordable housing and is already incorporated into the property’s rent structure. Ideally located minutes from Culver City’s creative corridor and major employment hubs including Amazon Studios, Apple, HBO, and Sony, the property benefits from strong and consistent tenant demand. With modern construction, limited competing stabilized inventory, and a central Mid-City location, 4514 Lomita Street presents a compelling long-term hold or 1031 exchange opportunity.

FOR SALE DETAILS

PRICE

$3,399,000 USD

PRICE/SF

$420 USD /SF

# OF UNITS

5

PRICE/UNIT

$679,800

CAP RATE

5.8%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction 5-Unit in Prime Mid-City

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,001 SF

ZONING

LARD1.5

APN/PARCEL ID

5071-015-043

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.