$2,250,000
$2,350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
7,699 Sqft Lot
SOLD DATE : 11/16/2023
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23132857
Sold Date 11/16/23
Bedrooms 7
HOA Y/N No
Lot Size 7,699 Sqft
Property Description
Rare multifamily investment opportunity located in the sought-after Downtown Culver City area. Great proximity to parks, retail, restaurants, and a movie theater. The property is currently set up as two homes on a street-to-alley lot, with an oversized 480 SF tandem garage w/ existing plumbing that would be a great ADU making the property a proforma 4.5 CAP. The 1,176 SF front house is in shell condition with remodel plans to either change the floor plan and or add a second story. The 2,314 SF rear home has a spacious layout and rents for $6,750 / month. See supplemental section for the OM, preliminary remodel plans and 3D renderings.
Rare multifamily investment opportunity located in the sought-after Downtown Culver City area. Great proximity to parks, retail, restaurants, and a movie theater. The property is currently set up as two homes on a street-to-alley lot, with an oversized 480 SF tandem garage w/ existing plumbing that would be a great ADU making the property a proforma 4.5 CAP. The 1,176 SF front house is in shell condition with remodel plans to either change the floor plan and or add a second story. The 2,314 SF rear home has a spacious layout and rents for $6,750 / month. See supplemental section for the OM, preliminary remodel plans and 3D renderings.
Location
State CA
County Los Angeles
Area Culver City (90232)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $216
Acceptable Financing Conventional
Space Rent $5,850
Listing Terms Conventional
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States