$1,950,000

Estimated payment $10,930/month

Total Views 3,948
6 Beds
4 Baths
2,912 Sq Ft
$670 Price per Sq Ft

Highlights

  • Oceanside
  • Two Primary Bedrooms
  • Wood Flooring
  • Culver City Middle School Rated A-
  • Property is near public transit
  • Quartz Countertops

About This Home

Rare investment opportunity! Fourplex with detached garages and accessory rooms located along the western Culver City Redevelopment Corridor, surrounded by Marina del Rey, Playa Vista, Venice and Santa Monica and adjacent a residential single family neighborhood. Major developments completed and in planning along this Washington Boulevard corridor as well as the entire westside. Perfect for an investor or an owner/user. The property has many interior upgrades,is well maintained and fully occupied, and has considerable upside potential. Features include hardwood floors, new bathroom tubs, tiling and fixtures, large rooms and closets, upgraded windows, blinds, lighting and hardware throughout. Rear alley entrance to garages. New roof, fully fenced metal perimeter with gates and push button locks. Garage space available for each unit. New electric service and meters with an extra meter for a laundry room. The buildings are easy to maintain. Separate gas and electric meters for each unit. Culver City schools and Culver City Police . Upside Potential (a) Convert 2 double garages into 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; (d) purchase the mirror image fourplex next door and combine lot square footage for future redevelopment value. May make a great exchange upleg for one or both buildings.

Listing Agent

Gary Haddock

RE/MAX Alliance Group License #00914603 Listed on: 06/04/2025

RE/MAX Alliance Group

Co-Listing Agent

Susan Bernard

RE/MAX Alliance Group License #01757344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 4,105 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Sprinklers on Timer
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Pier And Beam

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Remodeled Bathroom
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Home Security

  • Security System Leased
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

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

Additional Features

  • Oceanside
  • Property is near public transit

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4236-024-007

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

$6,485

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 2912
  • Lot Acreage: 0.0942
  • Price Per Unit: 487500.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drywall Walls
  • Number Carpet: 4
  • Number Dishwasher: 0
  • Number Disposal: 4
  • Number Drapes: 0
  • Number Range: 4
  • Number Refrigerator: 0
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Appliances: Microwave, Oven, Free Standing Gas
  • Bedrooms: 6
  • Bedroom Features: 2 Primary Bedrooms
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Shower Over Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 669.64
  • Windows: Screens, Mini Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Features: Partial Copper Plumbing
  • Other Structures: Accessory Bldgs
  • Foundation Details: Pier and Beam, Raised
  • Number Patio: 0
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 2
  • Number Rented Garages: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Multi-Tank
  • Cooling: Ceiling Fan
  • Heating: Wall, Natural Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 0
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Rated Drywall, Gated, Leased, Smoke Detector
  • Sewer: In Street, In Connected and Paid
  • Water: Public, Meter on Property
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Playa Vista Property Management, Inc
  • Mgmt Co Phone: 3109013852|

Schools

  • School District: Culver City Unified School District

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • 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: 4236-024-007
  • Lot Description: Alley Paved, Front Yard, Fenced Yard, Fenced, Exterior Security Lights, Curbs
  • Lot Location: Alley Access, Near Public Transit, Ocean Side of Freeway
  • Lot Size Area: 4105

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 105036.00
  • Monthly Gross Income: 10000.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.50
  • Gross Scheduled Income: 120000.00
  • Gross Spendable Income: 95760.00
  • Number Of Units: 4
  • Number Wall A C: 0
  • Total Annual Expense: 21312
  • Type Of Units: apartment
  • Vacancy Rate: none

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Culver City Unified School District

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 $6,485 $399,828 $358,419 $41,409
2024 $6,485 $391,990 $351,392 $40,598
2023 $6,291 $384,304 $344,502 $39,802
2022 $6,163 $376,770 $337,748 $39,022
2021 $6,200 $369,383 $331,126 $38,257
2019 $5,850 $358,428 $321,305 $37,123
2018 $5,620 $351,401 $315,005 $36,396
2016 $5,134 $337,758 $302,774 $34,984
2015 $5,043 $332,686 $298,227 $34,459
2014 $5,110 $326,170 $292,386 $33,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,950,000 -- $670 / 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
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,258,500 New Conventional
Closed $1,242,500 New Conventional
Closed $260,046 Unknown
Closed $715,000 New Conventional
Closed $460,000 Purchase Money Mortgage
Previous Owner $675,000 Fannie Mae Freddie Mac
Previous Owner $330,000 Unknown
Previous Owner $2,000,000 Unknown
Previous Owner $424,500 Unknown
Previous Owner $320,000 No Value Available
Previous Owner $2,262,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25547229

The MLS

APN: 4236-024-007