Fifty Twelve

Culver City, CA

 

VIEW MULTIFAMILY FUND IV

Number Of Units

28

Acquisition Price

$2,610,500

Sold Price

$15,150,000

Hold Period

65 months

Project Level IRR

8.68%

Project Level EM

1.55

Property Photos

Investment Highlights

28-unit development in gentrifying Culver City/Westside Area of Los Angeles that has experienced rapid growth over the past several years. The modern 4-story building will be comprised of 26, one- and two- bedroom market rate units and 2 affordable units. The property is 1.5 miles away from LA’s “Silicon Beach” job center.

HubSpot Contact Form
An accredited investor must meet one of the following: 1) An annual income of at least $200,000, or $300,000 when combined with spouse’s income; 2) Holds a valid Series 7, 65, or 82 license; 3) Has a net worth of >$1 million, excluding value of a primary residence.


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