Location Location located in the thriving Culver City/Mar Vista neighborhood of Los Angeles. Built in 1953, this two-building property totals approximately 4,141 square feet on a generous 7,838-square-foot lot. The property features six residential units, composed of two spacious two-bedroom/one-bath units and four one-bedroom/one-bath units, meeting strong local demand for… Read More rental housing in this highly desirable market. With each unit offering garage parking six spaces total this property presents convenience and value for residents in an area where parking is highly sought after. Strategically positioned near major employment hubs, entertainment centers, and premier retail corridors, this asset provides an exceptional investment opportunity with stable income, strong tenant demand, and significant potential for rental growth and value appreciation. Investors will benefit from robust market fundamentals, continued population growth, and ongoing neighborhood development, positioning this property as an excellent addition to any investment portfolio. great upside in rent , Offered at $2.2M, this property offers an approx. cap rate of 5.7 Read Less
Property listed by Power Brokers, Helen Abrishami 424-738-5900
Listing Snapshot
Days Online
64
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,141
Lot Size
0.18 Acres
Year Built
1953
MLS Number
25518117
30 Days Snapshot Of 90066
$2.47M
+35%
(avg) sold price
25
-19%
homes sold
45
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1953, Building area total: 4,141, Levels: One, Living area: 4141, 1 story, 2 buildings
Heating
WallFurnace
Income
Gross income: $164,182, Net operating income: $117,022
Lot
0.18 acres, 7,840 square feet, Size: 7,840
Parking
5 totals parking, DoorSingle, Garage, Paved, Tandem
Property
Zoning: CCR4YY, None
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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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