$3,200,000

Estimated payment $17,513/month

Total Views 1,069
2 Beds
1 Bath
5,448 Sq Ft
$587 Price per Sq Ft

Highlights

  • Recessed Lighting
  • Laundry Room
  • Ramp on the main level
  • Culver City Middle School Rated A-
  • Storage
  • Parking Storage or Cabinetry

About This Home

GREAT DEVELOPMENT OPPORTUNITY! Currently a 4-unit unused office building with proposed plans to reconvert it to its original configuration as 6 apartments. Proposed plans include 6 two bedroom apartments. Located directly across from a Kaiser medical facility, west of the 405 freeway, and close to Marina del Rey, the location is ideal. Extensive upgrades were done around 2006 to configure the property for postproduction offices for the entertainment industry, but technology advancements have reduced demand for that usage. There is plenty of on-site gated parking with 6 carports and additional uncovered parking spaces, storage lockers + 2 storage rooms. There are 6 Ring security cameras around the property. An attractive & spacious landscaped patio provides a comfortable outdoors recreational area. Buyer is to verify any proposed development opportunities with the city. A ramp provides easy access to the first level units. The sale includes 2 parcels: APN 4032017004 & 4032017003 (where the approx. 700 sq. ft. carports are located) totaling approx. 8301 sq. ft. of land. Attached photo of carports (with garage doors) is virtual and not its current configuration.

Listing Agent

Don Karasevicz

Estate Properties Brokerage Phone: 310-251-2593 License #00952148 Listed on: 07/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1953

Lot Details

  • 7,069 Sq Ft Lot
  • No Common Walls
  • Masonry wall
  • Wood Fence
  • Landscaped
  • 4232017003

Home Design

  • Composition Roof

Interior Spaces

  • 5,448 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Storage
  • Laundry Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 10 Car Garage
  • 4 Open Parking Spaces
  • 6 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Auto Driveway Gate
  • Driveway

Additional Features

  • Ramp on the main level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 702
  • Assessor Parcel Number 4232017004
  • $1,481 per year additional tax assessments

Community Details

Overview

  • 6 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $96
  • Insurance Expense $1,810
  • Water Sewer Expense $96
  • Security Expense $51
  • Operating Expense $2,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Price Per Unit: 533333
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security Expense: 51.00
  • Security: Automatic Gate
  • Water Sewer Expenses: 96.00
  • Zoning: CCC3YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4232017004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Ramp - Main Level
  • Entry Level: 1
  • Price Per Square Foot: 587.37

Exterior Features

  • Fence: Yes
  • Fencing: Masonry, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Built-In Storage, Carport, Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4232017003
  • Land Lease: No
  • Lot Features: Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 7069.00
  • Lot Size Acres: 0.1623

Multi Family

  • Electric Expense: 96.00
  • Insurance Expense: 1810.00
  • Lot Size Area: 7069.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 2617.00
  • Rent Control: Yes
  • Total Expenses: 2617.00

Tax Info

  • Tax Census Tract: 7028.03
  • Tax Lot: 14
  • Tax Tract Number: 702...
  • TaxOtherAnnualAssessmentAmount: 1481.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $918 $190,000 $180,000 $10,000
2024 $918 $72,394 $70,957 $1,437
2023 $904 $70,975 $69,566 $1,409
2022 $864 $69,584 $68,202 $1,382
2021 $852 $68,220 $66,865 $1,355
2020 $860 $67,522 $66,180 $1,342
2019 $827 $66,199 $64,883 $1,316
2018 $812 $64,902 $63,611 $1,291
2016 $780 $62,384 $61,142 $1,242
2015 $768 $61,448 $60,224 $1,224
2014 $773 $60,246 $59,045 $1,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $3,200,000 -- $587 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25172609

California Regional Multiple Listing Service (CRMLS)

APN: 4232-017-003