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    3825 Westwood Blvd

    Culver City, CA 90232
    • $1,500,000
    • STATUS: Active
    • ON SITE: 52 days
    • MLS #: 21-675530
    UPDATED: 30 min ago
    $1,500,000
    • 5
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,854
      SQFT
    • $809
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Description

    Low-density, single story apartment building on a beautifully maintained 6,251 sf lot in prime Culver City | Plans drawn and permits pulled for an additional ADU unit in the detached garage, with space for its own private yard | 3 out of 4 units extensively renovated with quartz countertops, stainless steel appliances, grey vinyl flooring, new lighting fixtures, and modern bathrooms | Renovated units also feature new house panels, updated plumbing systems, new windows, and all have private or shared patio space | Investors will benefit from a low down payment with conventional financing, and can achieve immediate upside with ADU construction | Submarket occupancy averaged 95% over the past five years | Culver City home values have gone up 7.1% over the past year and are predicted to rise another 7.8% within the next year

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T22:42:25.97. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/112997218
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    3825 Westwood Blvd Culver City, CA 90232

    • Price: $1,500,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 21-675530
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,854
    SQFT
    $809
    $/SQFT
    1942
    Built
    Neighborhood:
    Culver City
    County:
    Los Angeles
    Area:
    Culver City
    Property Description
    Low-density, single story apartment building on a beautifully maintained 6,251 sf lot in prime Culver City | Plans drawn and permits pulled for an additional ADU unit in the detached garage, with space for its own private yard | 3 out of 4 units extensively renovated with quartz countertops, stainless steel appliances, grey vinyl flooring, new lighting fixtures, and modern bathrooms | Renovated units also feature new house panels, updated plumbing systems, new windows, and all have private or shared patio space | Investors will benefit from a low down payment with conventional financing, and can achieve immediate upside with ADU construction | Submarket occupancy averaged 95% over the past five years | Culver City home values have gone up 7.1% over the past year and are predicted to rise another 7.8% within the next year
    Exterior Features

    Lot Size Area 6251 Other Structures Accessory Dwelling Unit Parking Garage Carport Detached Total Parking 6

    Interior Features

    Baths Total 4.00 Cooling CentralOther Equipment MicrowaveDishwasher Flooring Mixed Heating Other

    Property Features

    Assessed Total Value 84236 Gross Income 83354 Gross Operating Income 0 Like Units1 3 Like Units2 1 Net Operating Income 52833.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 30521 Type Of Units Studio Year Built Source Vendor Enhanced Zoning Ccr4*

    Listing provided courtesy of Jared Warren DRE# of Colliers International- Los Angeles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T22:42:25.97. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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