$2,250,000
$2,350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
7,697 Sqft Lot
SOLD DATE : 11/16/2023
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23132857
Sold Date 11/16/23
HOA Y/N No
Year Built 1923
Lot Size 7,697 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.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCR2
Rooms
Other Rooms Guest House
Interior
Interior Features Multiple Primary Suites
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Dryer, Washer
Laundry Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Roof Type Composition,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Additional Building Guest House
New Construction No
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with John A. Woodward IV • John Woodward IV
Making real estate fast, fun and stress-free!