$4,450,000
1818 Thurman, Los Angeles CA 90019
Multi-Family (6 Units)
Property type
84 days
On market
$437
Price per sqft
12 cars
Garage
2021
Year built
10,782 sqft
Lot size
Home highlights
Open Houses
Overview
1818 Thurman Ave is a fully stabilized 2021-built six-unit delivering a real 6.27% cap rate and four full years of proven income. In a market flooded with new builds still chasing tenants, this one’s already performing. Each of the six residences are large 4 bed, 4 bath units with private entry, in unit laundry, separate utilities, and 2 car private garage parking. Two...
Listing provided by: Lauren Cearley DRE #02146823 213-302-8662, Myunits.com Inc., Cheyenne Womack DRE #02064825 805-973-7470, Myunits.com Inc.
Listing updated: Apr 8, 2026 at 08:28pm.
Last checked: Jun 4, 2026 at 11:01pm
Source: CRMLS #BB26055829
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 4 | 2 | $5,100 | $5,100 | $5,100 | Unfurnished |
| 1 | 4 | 4 | 2 | $4,795 | $4,795 | $5,100 | Unfurnished |
| 1 | 4 | 4 | 2 | $5,200 | $5,200 | $5,100 | Unfurnished |
| 1 | 4 | 4 | 2 | $5,900 | $5,900 | $5,100 | Unfurnished |
| 1 | 4 | 4 | 2 | $5,300 | $5,300 | $5,100 | Unfurnished |
| 1 | 4 | 4 | 2 | $5,800 | $5,800 | $5,100 | Partially |
# of Buildings: 3
# of Units Total: 6
Separate Electric Meters: 7
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: No
Units Leased: 6
Total Actual Rent: $32,095
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
6.27%
NOI / List Price
Gross Scheduled Income: $385,140
Vacancy Allowance: $15,406
Vacancy Allowance Rate: 4%
Operating Expense: $90,711
Net Operating Income: $279,711
Annual Operating Expenses
Electric: $1,322
Gardener: $3,600
Fuel: $0
Insurance: $9,160
Maintenance: $9,000
New Taxes: $529
Professional Management: $14,789
Trash: $0
Water / Sewer: $0
Interior
Cooling: Central Air
Heating: Central
Appliances: Dryer, Washer
Fireplace: None
Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Dryer Included, Washer Included
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 3
Levels: Three Or More
Common Walls: No Common Walls
Lot Features: Landscaped
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
View: City Lights, Neighborhood
Garage and Parking
Garage Spaces: 12
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5064021042
Additional Parcels: No
Tax Lot: 39
Tax Block: 2
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1818 Thurman, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,560,000
Total Interest
$4,540,584
Total Payment
$8,100,584
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,287
per month
Property History for 1818 Thurman
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
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