5014 Pickford Street presents a rare opportunity to acquire a fully stabilized, high-income fourplex in the heart of Los Angeles’ Mid-City neighborhood. Built in 2020, this modern asset consists of four spacious tri-level townhomes, each featuring premium finishes, private balconies, and open-concept layouts designed for today’s urban renter. The property is separately metered for all utilities, ensuring low operating expenses, and includes seven dedicated parking spaces plus three bonus spaces.
With a REAL 6.20% cap rate and no rent control, this property offers strong cash flow and minimal management requirements, making it an attractive option for 1031 exchange buyers and investors seeking long-term stability. Recent capital improvements include new security gates, refreshed landscaping with irrigation, and electrical upgrades. Each unit is equipped with Samsung in-unit washer/dryers, central air and heat, and modern kitchens and baths.
Located in a rapidly appreciating submarket, the property benefits from proximity to major employment hubs such as Culver City, Miracle Mile, and the Jefferson Corridor, home to Amazon Studios, Apple TV+, HBO, and Sony. Surrounded by top dining, retail, and entertainment options, 5014 Pickford combines strong financial performance with exceptional location advantages, making it a turnkey investment in one of LA’s most dynamic neighborhoods.