5209 W 20th St, Los Angeles, CA, 90016
Property Details
28
multi family
Description
Multi Family in Los Angeles, CA - Bedrooms: 0 - Bathrooms: 28 - Area: N/A - Year Built: 2025 - Lot: 7492 sqft
Listing Agent: Lauren Cearley Brokerage: Myunits.com Inc.
5209 W 20th St is a newly constructed, fully stabilized six unit investment located on a quiet tree lined street in prime Mid City. This luxury asset delivers a true 6.25% cap rate supported by $336,000 in gross income and $268,598 in net operating income, offering investors immediate day one cash flow in one of Los Angeles' strongest rental markets. The property features an exceptional unit mix of five expansive four bedroom tri level townhome style residences and one equally impressive three bedroom unit. These homes offer oversized kitchens, generous living spaces, designer tilework, modern cabinetry, stainless steel appliances, large closets, abundant natural light, multiple balconies, and massive rooftop decks that create a true luxury rental experience. The location is a major draw for career stable renters seeking proximity to Culver City's rapidly expanding tech and media corridor. With Apple, Amazon Studios, HBO, and Sony continuing to expand nearby, this pocket of Mid City has become a preferred home base for professionals seeking shorter commutes, modern housing, and convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. This combination of new construction and proximity to major employment hubs creates a deep and reliable tenant pool with sustained rental demand. With separate utility meters, brand new building systems, drought tolerant landscaping, ample parking, and a full one year builder warranty, the property offers investors a low maintenance and operationally efficient asset. Priced at $716,500 per unit and $465 per square foot, 5209 W 20th St blends luxury design with strong in place income performance in one of the most central neighborhoods in Los Angeles.
Location
Address
5209 W 20th St, Los Angeles, CA, 90016
City
Los Angeles
Features and Finishes
Microwave, Refrigerator, Gas Range, Electric Oven, Dishwasher, Laundry Features: Inside, Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included, Kitchen, Living Room, Cooling Features: Central Air, Heating Features: Central, Heating: Yes, Full Bathrooms: 28, Additional Parcels: No, Land Lease: No, Lot Description: Landscaped, Lot Size Acres: 0.172, Lot Size Source: Assessor, Lot Size Square Feet: 7493, Garage Spaces: 4, Parking Total: 4, View: City Lights, Neighborhood, Association: No, Calculated Total Monthly Association Fees: 0, Maintenance Expense: 1200, Gross Income: 336000, Gross Scheduled Income: 336000, Number of Units Leased: 6, Tenant Pays: All Utilities, Vacancy Allowance: 10060, Rent Control: Yes, Number of Units: 6, Bedrooms in Unit-1: 4, Bedrooms in Unit-2: 4, Bedrooms in Unit-3: 4, Bedrooms in Unit-4: 4, Bedrooms in Unit-5: 4, Bedrooms in Unit-6: 3, Total Bathrooms in Unit-1: 5, Total Bathrooms in Unit-2: 5, Total Bathrooms in Unit-3: 5, Total Bathrooms in
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