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.
3,490 Sq Ft
7,699 Sq Ft Exterior Space
Investment
Built in 1923
MLS/Listing ID PW23132857
2 Units
Composition
Shingle
Washer
Refrigerator
Range Hood
Microwave
Gas Oven
Gas Cooktop
Dryer
Dishwasher
Community - Sidewalks
Multiple Master Suites
Laundry Room
Listing Courtesy of LYON STAHL INVESTMENT REAL EST, WOODY STAHL - 310-710-3829
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE