$1,950,000

Estimated payment $11,234/month

Total Views 3,319
6 Beds
4 Baths
2,947 Sq Ft
$662 Price per Sq Ft

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Corner Lot
  • Culver City Middle School Rated A-
  • Engineered Wood Flooring
  • Granite Countertops

About This Home

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 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.

Listing Agent

Gary Haddock

RE/MAX Alliance Group License #00914603 Listed on: 06/05/2025

RE/MAX Alliance Group

Co-Listing Agent

Susan Bernard

RE/MAX Alliance Group License #01757344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,316

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 4,173 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Corner Lot
  • Sprinklers on Timer
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Partial Copper Plumbing
  • Pier And Beam
  • Stucco

Interior Spaces

  • 2,947 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens

Kitchen

  • Gas and Electric Range
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Bathtub with Shower
  • Low Flow Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Multi-Tank Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4236-024-008

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Playa Vista Property Management, Inc Association

Additional Features

  • Rent Control
  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,316

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 2947
  • Lot Acreage: 0.0958
  • Price Per Unit: 487500.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 4
  • Number Disposal: 4
  • Number Range: 4
  • Flooring: Hardwood, Engineered Hardwood, Stone Tile
  • Appliances: Gas/Electric Range
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Remodeled, Shower Over Tub
  • Kitchen Features: Granite Counters, Quartz Counters, Remodeled
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 661.69
  • Windows: Double Pane Windows, Screens, Window Blinds

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Partial Copper Plumbing
  • Other Structures: None
  • Foundation Details: Raised, Pier and Beam
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Garage Structures: 2
  • Parking Garage: Garage - 4+ Car, Garage Is Detached, Gated
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Multi-Tank
  • Cooling: Ceiling Fan
  • Heating: Natural Gas, Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Security: Card/Code Access, Exterior Security Lights, Fire Rated Drywall, Gated, Smoke Detector
  • Sewer: In Connected and Paid
  • Water: Meter on Property
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Playa Vista Property Management, Inc
  • Mgmt Co Phone: 3103066789|

Lot Info

  • Sprinklers: Sprinkler Timer, Sprinkler System
  • Additions Alterations: No
  • Assessed Improvement Percent: 10.36
  • Assessed Improvement Value: 40598
  • Assessed Land Percent: 89.64
  • Assessed Land Value: 351392
  • Total Assessed Value: 391990
  • Assessor Parcel Number: 4236-024-008
  • Lot Description: Front Yard, Fenced, Exterior Security Lights, Lawn
  • Lot Location: Alley Access, Corner Lot
  • Lot Size Area: 4173

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 88515.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 4
  • Total Annual Expense: 16738.47
  • Type Of Units: Apartment
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No

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
2024 $5,316 $391,990 $351,392 $40,598
2023 $5,164 $384,304 $344,502 $39,802
2022 $5,029 $376,770 $337,748 $39,022
2021 $5,009 $369,383 $331,126 $38,257
2019 $4,743 $358,428 $321,305 $37,123
2018 $4,518 $351,401 $315,005 $36,396
2016 $4,017 $337,758 $302,774 $34,984
2015 $3,978 $332,686 $298,227 $34,459
2014 $4,066 $326,170 $292,386 $33,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $1,950,000 -- $662 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Fidelity National Title Co
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,200 New Conventional
Closed $1,242,500 New Conventional
Closed $2,303,250 Unknown
Closed $260,046 Unknown
Closed $668,000 New Conventional
Closed $460,000 Purchase Money Mortgage
Previous Owner $630,000 Fannie Mae Freddie Mac
Previous Owner $424,500 Unknown
Previous Owner $320,000 No Value Available
Previous Owner $226,200 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25548965

The MLS

APN: 4236-024-008