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.