3860 College Ave Culver City, CA 90232
Pending
$1,800,000
6%
6 Units
12 Beds
6 Baths
5,400 Area(sq.ft.)
7,530 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 2 | 1 | No | n/a | $ 12,200 | n/a |
| 1 | 6 | 12 | 6 | $ 0 | $ 73,200 | $ 0 |
| MLS #: | 24-413621 |
| Days On Market: | 45 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 333 |
| Price per unit: | $ 300,000 |
| Year Built: | 1957 |
Property Details
Good size two bedroom 1 bath units. Very bright and quiet building. Laundry room on site. 6 parking spaces; 4 covered. Very close to three Culver City schools; La Ballona Elementary, Culver Middle School, and Culver High. Also within blocks of downtown Culver City .with movie theatres, restaurants, shops, Trader Joes, and more. Close to 405 Frwy. Do not disturb tenants or walk on property. No showings without accepted offer. Owner is a licensed RE Broker in CA.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 147,000 |
| Total Annual Expense: | $ 42,000 |
| Net Operating Income: | $ 109,000 |
| Gross Annual Income: | $ 147,000 |
| Cap Rate: | 6.05% |
| Gross Rent Multiplier: | 13.10 |
Structure
| Type of Units: | single level |
| Buildings: | 1 |
| Levels: | One |
| Security Features: | None |
| Style: | Contemporary |
| View Description: | Any |
| Water: | District, Meter on Property |
Land & Parking
| Zoning: | CCR4YY |
| Parking Garage: | Assigned, Carport |
Interior
| Cooking Appliances: | Gas/Electric Range |
| AC/Cooling: | None |
| Equipment: | Cable |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Community, Room |
| Laundry Equipment: | Own |
Exterior
| Exterior Construction: | Hard Coat |
| Pool: | No |
| Roof: | Composition, Shingle |
| Spa: | No |
Detailed Map
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