$1,750,000
$40K PRICE DROP

Estimated payment $9,957/month

Total Views 4,009
4 Beds
2 Baths
1,550 Sq Ft
$1,129 Price per Sq Ft

Highlights

  • Laundry Room
  • Bike Trail
  • 1-Story Property
  • Linwood E. Howe Elementary School Rated A-

About This Home

Location, location, location! Not only is this duplex situated on a quiet street just steps away from Culver City’s bustling tech and entertainment hub, it has just undergone a complete remodel! The new updates include a brand new kitchen, flooring, paint, and appliances including a new dishwasher, refrigerator, and in-unit washer/dryer. There is also a new central AC/heating system, new electric panels and new copper plumbing, and a completely updated front yard with artificial grass and gravel backyard.

Each unit has 2 bedrooms/1 bath. The address for the back unit is 3435 Sherbourne Drive. The duplex has a total of 4 bedroom/2 baths with a private large backyard that the city will approve for an additional 2 units (for up to 1600 living sqft). Both units have separate electric and gas meters, and a two car garage with tandem parking.
Major attractions nearby include Downtown Culver City, Sony Studios, Warner Brothers Discovery, Amazon, Apple and Google. The Culver City Scenic Overlook allows for fantastic outdoor hiking. Also close by is the Kenneth Hahn State Recreation Park. The Expo light rail line is also a convenient option to get around Los Angeles. Short distance to Santa Monica, Playa Vista, Century City, UCLA, and Beverly Hills. This is a rare opportunity for an investor to purchase an income property in a great Culver City location.

Listing Agent

Qing xiu Wang-Mizukami

AWM Realty Brokerage Phone: 310-415-9854 License #01258472 Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 1947

Lot Details

  • 6,104 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 3877
  • Assessor Parcel Number 4312025007
  • $2,411 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,780
  • Trash Expense $912
  • Water Sewer Expense $912
  • New Taxes Expense $14,737
  • Operating Expense $18,341
  • Gross Income $93,600
  • Net Operating Income $86,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,272

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 875000
  • Property Attached: Yes
  • Water Sewer Expenses: 912.00
  • Zoning: CCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4312025007
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Sherbourne Drive
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 1129.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 912.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6104.00
  • Lot Size Acres: 0.1401

Multi Family

  • Gross Income: 93600.00
  • Gross Operating Income: 93600.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 1780.00
  • Lot Size Area: 6104.0000 Square Feet
  • Net Operating Income: 86840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18341.00
  • Rent Control: No
  • Total Expenses: 18341.00

Tax Info

  • New Taxes Expense: 14737.00
  • Tax Census Tract: 7024.00
  • Tax Lot: 55
  • Tax Tract Number: 3877
  • TaxOtherAnnualAssessmentAmount: 2411.00

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
2024 $3,272 $80,231 $42,038 $38,193
2023 $3,206 $78,659 $41,214 $37,445
2022 $3,053 $77,117 $40,406 $36,711
2021 $2,935 $75,606 $39,614 $35,992
2020 $2,785 $75,051 $39,208 $35,843
2019 $2,765 $73,585 $38,440 $35,145
2018 $2,420 $72,148 $37,687 $34,461
2016 $2,096 $69,137 $36,225 $32,912
2015 $2,079 $68,099 $35,681 $32,418
2014 $2,035 $66,766 $34,983 $31,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $1,749,000 -0.1% $1,128 / Sq Ft
07/07/2025 07/07/25 Price Changed $1,750,000 -2.5% $1,129 / Sq Ft
05/31/2025 05/31/25 For Sale $1,795,000 +0.3% $1,158 / Sq Ft
04/04/2025 04/04/25 For Sale $1,790,000 +36.1% $1,155 / Sq Ft
01/05/2024 01/05/24 Sold $1,315,000 +4.4% $848 / Sq Ft
12/05/2023 12/05/23 For Sale $1,259,000 -- $812 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,315,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25073872

California Regional Multiple Listing Service (CRMLS)

APN: 4312-025-007