$2,550,000
SOLD OCT 25, 2024
10 Beds
6 Baths
5,388 Sq Ft
8,101 Sq Ft Lot

Recently Sold

$473 Per Sq Ft

15% Below List Price

128 Days on Market

About This Home

As of October 2024

We are proud to present for Sale, 4080 Madison Ave is a charming 6-unit pride of ownership building located in the sought after city of Culver City. Built in 1951, a 5,388 square foot building on a 0.19acre lot, the building consists of (4) spacious one-bedroom one-bathroom units, and (2) two-bedroom one-bathroom units. All units feature a laundry room with their own in unit washer/dryer. The building features well-maintained units with original re-finished Red Oak floors as well as original tile in both the kitchens and bathrooms. There is ample parking with 6 covered parking spots with storage + 2 additional spaces. 4080 Madison Ave is just a minutes' walk from the hot nightlife of Downtown Culver City as well as Culver City Park. With nearby employers and digital media giants including Apple TV+, Amazon Studios, and HBO Max Culver City has transformed into a hub for new offspring of the entertainment world.

Last Agent to Sell the Property

John Boyett

CBRE License #02056759 Listed on: 06/18/2024

Last Buyer's Agent

John Boyett

CBRE License #02056759 Listed on: 06/18/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,101 Sq Ft Lot
  • Lot Dimensions are 60x135

Interior Spaces

  • 5,388 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Carport Spaces

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4207-010-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5388
  • Lot Acreage: 0.1860
  • Lot Dimensions: 60x135
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 555.86

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Spaces: 6
  • Other Spaces: 2
  • Covered Parking: 6
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 531966
  • Assessed Land Percent: 70
  • Assessed Land Value: 1241270
  • Total Assessed Value: 1773236
  • Assessor Parcel Number: 4207-010-032
  • Lot Size Area: 8101

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.67
  • Number Of Units: 6
  • Total Annual Expense: 56785
  • Type Of Units: 6
  • Vacancy Rate: 0

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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
10/25/2024 10/25/24 Sold $2,550,000 -14.9% $473 / Sq Ft
06/18/2024 06/18/24 For Sale $2,995,000 -- $556 / 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: 24-415449

The MLS