4114 Baldwin Avenue

    Culver City, CA 90232
    • $4,600,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: SB18007702
    UPDATED: 59 min ago
    $4,600,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,424
      SQFT
    • $488
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Ratings & Info

    Description

    Fantastic multifamily investment opportunity near Downtown Culver City with proximity to many restaurants, film production studios, entertainment and the Metro Line. This property boasts a Walk Score of 86! This is a non-rent controlled asset with large units and immediate and significant upside in rental rates. If you're looking for a value-add opportunity in a hot area of Culver City, this is it. Great neighborhood location that must be seen. There are two buildings on a double size lot with a total of eight 2 bedroom and 2 bathroom units. There are 10 carport spaces on-site and room for a few more uncovered in the back driveway area.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-25T19:26:29.533. 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.
    www.inlandempiresold.com/homes/79907957

    4114 Baldwin Avenue Culver City, CA 90232

    • Price: $4,600,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: SB18007702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    9,424
    SQFT
    $488
    $/SQFT
    1971
    Built
    Neighborhood:
    C28 - Culver City
    County:
    Los Angeles
    Area:
    C28 - Culver City
    Property Description
    Fantastic multifamily investment opportunity near Downtown Culver City with proximity to many restaurants, film production studios, entertainment and the Metro Line. This property boasts a Walk Score of 86! This is a non-rent controlled asset with large units and immediate and significant upside in rental rates. If you're looking for a value-add opportunity in a hot area of Culver City, this is it. Great neighborhood location that must be seen. There are two buildings on a double size lot with a total of eight 2 bedroom and 2 bathroom units. There are 10 carport spaces on-site and room for a few more uncovered in the back driveway area.
    Exterior Features

    Carport Spaces 10.00 Garage Spaces 10.00 Lot Features LandscapedLawnLot Shape-RectangularLot-Level/FlatNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 20.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1178 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStreet Lighting Country Us Electric Expense 1334.00 Elevation Units Feet Fuel Expense 3142.00 Gross Income 244740.00 Gross Scheduled Income 244740.00 Insurance Expense 3393.00 Land Lease YN No Laundry YN Yes Net Operating Income 160198.00 New Taxes Expense 55200.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 84542.00 Professional Management Expense 8659.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 79812.00 Trash Expense 3613.00 Water Sewer Expense 4471.00 Water Source Private Year Built Source Assessor Zoning Ccr4*

    Listing provided courtesy of Tommy Murakoshi of Kaji & Associates and Jonathan Kaji of Kaji & Associates.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-25T19:26:29.533. 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.
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