4133 Irving Place, Culver City, CA 90232

$2,250,000

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Sold Price
$2,250,000
List Price
$2,350,000
Closing Date
Nov 16, 2023
Status
CLOSED
MLS#
PW23132857
Year Built
1923
Lot Size
7,699
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
89
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Rare multifamily investment opportunity located in the sought-after Downtown Culver City area. Great proximity to parks, retail, restaurants, and a movie theater. The property is currently set up as two homes on a street-to-alley lot, with an oversized 480 SF tandem garage w/ existing plumbing that would be a great ADU – making the property a proforma 4.5 CAP. The 1,176 SF front house is in shell condition with remodel plans to either change the floor plan and or add a second story. The 2,314 SF rear home has a spacious layout and rents for $6,750 / month. See supplemental section for the OM, preliminary remodel plans and 3D renderings.

Additional Information

Other Buildings
Guest House
Appliances
Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Composition, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Multiple Primary Suites
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$151,200
Operating Expense
38622

Listing courtesy of Listing Agent: Woody Stahl (broker@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Est.

Listing sold by John A. Woodward IV from John Woodward IV

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.