$1,610,000
SOLD MAY 2, 2025
8 Beds
6 Baths
3,749 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$429 Per Sq Ft

7% Above List Price

20 Days on Market

About This Home

As of May 2025

This two-story, 6-unit apartment building is located at the corner of College Avenue and Venice Boulevard in the Clarkdale neighborhood of Culver City. The building has a good mix of units with two units of two bedrooms and one bath, and four units with one bedroom and one bath. Built in 1957 and measuring approximately 3,749 square feet (per the LA County Tax Assessor), the building still has the original floorplan as there have been no additions or modifications since it was built. Each unit is separately metered for gas and power and each unit has its own water heater. Earthquake retrofit work was completed in 2022. There are 12 parking spaces (six spaces with tandem lanes) providing plenty of on-site parking. This is a true bread and butter building with stable tenants paying below market rents. Convenient location near transportation and shopping. Culver City schools and services. Trust sale but court confirmation is not required. Property is being sold in "as-is" condition.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 02/25/2025

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Interior Spaces

  • 3,749 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • Carport

Additional Features

  • 7,144 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Vacancy Allowance $1,722

Listing and Financial Details

  • Assessor Parcel Number 4208-021-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3749
  • Lot Acreage: 0.1640
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 400.11

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 12

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 59.26
  • Assessed Improvement Value: 259981
  • Assessed Land Percent: 40.74
  • Assessed Land Value: 178730
  • Total Assessed Value: 438711
  • Assessor Parcel Number: 4208-021-001
  • Lot Size Area: 7144

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 17.40
  • Number Of Units: 6
  • Total Annual Expense: 39370
  • Type Of Units: apts
  • Vacancy Allow: 1722
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 2%

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $1,610,000 +7.3% $429 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,500,000 -- $400 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25503743

The MLS