4455 S Slauson Avenue, Culver City, California 90230, Culver City, 90230 - bed, bath

4455 S Slauson Avenue, Culver City, California 90230 home-pic-0
ACTIVE$3,600,000
4455 S Slauson Avenue, Culver City, California 90230
0Bed
0Bath
6,270Sqft
5,004Lot
Year Built
2024
Close
-
List price
$3.6M
Original List price
$3.65M
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
OC25028750
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros.

Introducing an exceptional 100% occupied investment opportunity—a newly constructed, non-rent controlled, four-unit complex in Culver City’s thriving Silicon Beach district, home to industry giants like Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, and Beats Electronics. With strong demand for high-quality housing, this property generates gross rents of $252,000, offering a true Year One cap rate of 5.30% with projections reaching 5.65% through built-in rent increases. Designed for modern living, each spacious unit features open floor plans, private laundry, multiple decks, high-end finishes, and two dedicated parking spaces per unit. The front duplex consists of two 3-bedroom, 3-bath units, while the rear duplex offers two expansive 4-bedroom, 4.5-bath units, making for an ideal rental mix. The property is fully separately metered for water and electricity, ensuring individualized utility control for tenants. Luxury appliances—including a washer, dryer, dishwasher, 36-inch range, refrigerator, and over-the-range microwave—enhance the home's appeal, while fully paid-off solar panels for each unit promote energy efficiency. A unique value-add opportunity exists with the spacious four-car garage, which can be converted into an additional 2-bedroom 2.5 bathroom ADU while still retaining 7+ parking stalls, increasing equity and income potential. The ADU is projected to increase gross monthly rent by $3,600 and raise the NOI to 6.75%.. Every aspect of this property reflects a commitment to sustainability, from eco-friendly construction materials to water reclamation systems and drought-resistant landscaping. The new owner will acquire a fully warranted, low-maintenance, green-certified property with long-term appreciation potential. Attractively priced and strategically located in a high-growth area, this is a rare opportunity to secure a prime income-generating asset in one of Los Angeles’ most sought-after rental markets. Don't miss out on this exceptional investment!

Price History

Date
Event
Price
09/27/25
Price Change
$3,600,000
02/07/25
Listing
$3,650,000
Condition Rating
Excellent

This property was built in 2024, making it brand new construction. The MLS description highlights 'newly constructed,' 'high-end finishes,' and 'luxury appliances,' which are all confirmed by the images. The kitchens feature modern white cabinetry, waterfall quartz islands and countertops with stylish veining, stainless steel appliances (including a refrigerator, range, dishwasher, and microwave), and recessed lighting with contemporary pendant fixtures. Bathrooms are equally modern with glass-enclosed showers, marble-look tile, and sleek vanities. Throughout the units, there is consistent light-colored, wide-plank flooring, recessed lighting, and modern mini-split AC units. The property also boasts solar panels and eco-friendly construction, indicating all systems are new and top-of-the-line. There is no deferred maintenance or physical depreciation, meeting all criteria for an 'excellent' condition score.
Pros & Cons

Pros

Prime Location & Market Demand: Strategically located in Culver City's thriving Silicon Beach district, surrounded by major tech and entertainment companies, ensuring robust tenant demand for high-quality housing.
New Construction & Modern Amenities: Built in 2024, this property offers brand-new, low-maintenance units with open floor plans, high-end finishes, luxury appliances, private laundry, and multiple decks, appealing to discerning tenants.
Strong Income & Non-Rent Controlled: Currently 100% occupied with gross rents of $252,000, providing an immediate 5.30% Year One cap rate. Its non-rent controlled status allows for built-in rent increases and future income growth.
Significant Value-Add Opportunity: A unique value-add exists with the spacious four-car garage, which can be converted into an additional 2-bedroom, 2.5-bathroom ADU, projected to increase gross monthly rent by $3,600 and raise NOI to 6.75%.
Energy Efficiency & Sustainability: Each unit features fully paid-off solar panels, eco-friendly construction materials, water reclamation systems, and drought-resistant landscaping, leading to lower operating costs and a green-certified property.

Cons

High Entry Price Point: The list price of $3.6 million represents a substantial initial investment, potentially limiting the pool of prospective buyers to well-capitalized investors.
Additional Investment for ADU Conversion: While the ADU conversion offers significant upside, it requires additional capital expenditure and project management beyond the purchase price, which must be factored into the overall investment.
Reliance on Specific Industry: The property's appeal and tenant base are heavily tied to the 'Silicon Beach' tech and entertainment industries, making it potentially vulnerable to economic shifts or downturns in these sectors.

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