
Culver City, California 90230
Analysis of 4455 S Slauson Avenue, Culver City, California 90230 is currently available with a list price of $3,550,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Culver City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2024 construction in mint condition. It features modern designer finishes, high-end stainless steel appliances, waterfall quartz countertops, and energy-efficient systems including fully owned solar panels and mini-split HVAC units, requiring zero maintenance.
Situated in the heart of Culver City near major tech hubs like Amazon, Sony, and Apple, ensuring consistent high rental demand and a premium tenant profile.
Offers a robust 5.60% initial cap rate with a non-rent-controlled status and a clear path to a 6.75% cap rate through a garage-to-ADU conversion.
This 2024 new construction features owned solar panels, individual metering, and eco-friendly materials, significantly reducing owner overhead and long-term maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6270, other record living area = 5580.
The $3.55 million list price requires a substantial initial capital investment, which may limit the pool of eligible investors despite the strong financial performance.
Realizing the projected income growth requires converting the existing garage, which could lead to temporary parking constraints and tenant dissatisfaction during the construction phase.
Introducing an exceptional, 100% occupied investment opportunity! A newly constructed, non-rent-controlled four-unit luxury apartment complex in the heart of Culver City's thriving Silicon Beach. Surrounded by major employers including Amazon Studios, Sony Pictures, Apple, HBO, Hulu, Google, and the offices of countless technology and entertainment companies, this prime location continues to experience strong demand for high-quality rental housing. The property generates $260,400 in annual gross income and offers a true Year One cap rate of 5.60%, with built-in rental increases projected to elevate the cap rate to 5.75%. Thoughtfully designed for today's renters, each spacious residence features open-concept floor plans, private in-unit laundry, multiple private balconies or decks, designer finishes, and two dedicated parking spaces. The unit mix consists of a front duplex with two expansive 4-bedroom, 4.5-bath residences and a rear duplex with two 3-bedroom, 3-bath residences, providing an ideal blend of larger family-oriented units. Each unit is individually metered for water and electricity, reducing owner expenses while providing tenants with independent utility control. Luxury amenities include a full suite of premium appliances, including a washer and dryer, refrigerator, dishwasher, 36-inch range, and over-the-range microwave. Each unit is also equipped with fully owned solar panels, providing long-term energy savings and increasing tenant appeal. Adding to the property's upside is a rare value-add opportunity to convert the existing oversized four-car garage into an approximately 2-bedroom, 2.5-bath ADU, while still maintaining ample parking for every unit. The projected ADU is expected to generate an additional approximately $3,600 per month in rental income, increasing the property's cap rate to an estimated 6.75%. Built with sustainability and long-term ownership in mind, the property incorporates eco-friendly construction materials, water conservation and reclamation systems, drought-tolerant landscaping, and other energy-efficient features. As newly constructed buildings, the improvements offer the benefits of modern construction, low maintenance requirements, and builder warranties, making this an ideal turnkey investment. Strategically located in one of Los Angeles' most desirable and supply-constrained rental markets, this trophy asset combines immediate cash flow, future income growth, and meaningful value-add potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 6,270 | 3,391 |
| Lot Size | 5,004 | 7,019 |
| Price | $3.55M | $1.49M |
| Price per sq ft | $566 | $577 |
| Built year | 2024 | 1951 |
| HOA | $0 | $0 |
| Days on market | 44 | 195 |
Jul 27, 2026
$3,550,000
Initial Listing
Nov 18, 2022
$944,000
Public Record