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$ 1,600,000
$ 1,799,900 11.1%
$ 1,600,000
$ 1,799,900 11.1%
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24239520
Sold Date 03/13/25
HOA Y/N No
Year Built 1924
Lot Size 6,751 Sqft
Property Sub-Type Quadruplex
Property Description
Main house is currently owner occupied (2/1). Unit B (detached structure) is tenant occupied (1/1). Unit C (detached structure) is tenant occupied (1/1). Unit D (attached to main house) is tenant occupied (1/1). Tenants park on street and are responsible for gas, electricity, and TV/internet. Owner pays water/sewer and trash. 4 car garage currently used as storage. On-site community coin op laundry room. Well-maintained grounds. Current rent roll is $6,300 excluding the main house which is owner occupied. The opportunities here are endless! Property could be owner-occupied helping offset a mortgage payment, could be used as a 4-unit income producing property increasing cash flow once main house is tenant occupied. Or, it could be a development opportunity. Priced for a quick sale!
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4207012012
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Cash
Special Listing Condition Trust
Bought with Alexa Aimer • The Oppenheim Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "