Rare investment opportunity. Fourplex with detached garages and accessory rooms located along the western Culver City redevelopment corridor bordered by Marina del Rey, Playa Vista, Venice and Santa Monica. Major developmnets completed and in planning along this Washington Blvd corridor. Perfect for owner/user, hold for future development. The… Read More property has any interior upgrades, is well maintained and fully occupied, with room for rent adjustments. Hardwood floors, new bathroom tubs and tiling, large rooms and closets, new windows, blinds and hardware. Easy to maintain. New roof. Fully fenced metal with gates and push button locks. Garage space available fore each unit. Separate gas and electric meters for each unit. Culver City schools and Culver City Police. Upside potential: (a) Convert two double garages to ADU units with adjacent parking off the alley and separate entries. (b) rent upside in the units; (c ) convert the accessory rooms in the rear to laundry rooms. Purchase the fourplex next door and combine for future development value. Great exchange upleg for one or both buildings. Note that the building next door is also for sale. Read Less
Property listed by RE/MAX Alliance Group, Gary Haddock 310-578-0348
Listing Snapshot
Days Online
59
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,947
Lot Size
0.1 Acres
Year Built
1954
MLS Number
25548965
30 Days Snapshot Of 90066
$2.38M
-5%
(avg) sold price
34
-12%
homes sold
49
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal, GasRange
Building
Built in 1954, Building area total: 2,947, Levels: Two, Living area: 2947, 2 stories, 2 buildings, Architectural style: Contemporary, Construction materials: Stucco
Community
Gated
Accessibility Features
Accessibility features: None
Fireplaces
None
Floors
Wood
Garage
4 spaces
Heating
NaturalGas, WallFurnace
Income
Gross income: $88,515, Net operating income: $71,777
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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