12006-12012 Hammack St, Culver City is trophy asset, in an A+ location, with over 100% upside in rental income! Once units are rented for market, the property will operate at a 10.21% CAP and 7.69 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of two separate buildings, a fourplex and triplex, on one lot. The unit mix is comprised of (7) spacious 2Bed+1Bath units, with (1) unit being currently tenant ready. There are 8 parking spots on site, with plenty of street parking. The subject property is located just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.
12006-12012 Hammack St, Culver City is trophy asset, in an A+ location, with over 100% upside in rental income! Once units are rented for market, the property will operate at a 10.21% CAP and 7.69 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of two separate buildings, a fourplex and triplex, on one lot. The unit mix is comprised of (7) spacious 2Bed+1Bath units, with (1) unit being currently tenant ready. There are 8 parking spots on site, with plenty of street parking. The subject property is located just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.