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3826 Prospect Avenue
USD 2,870,000
Property ID: 25549265
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3826 Prospect Avenue ,90232
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icon 7495 SqFt
icon Built in 1968
icon USD 383/SqFt
icon 12 Beds
icon 12 Full
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Location
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Interior Details
Bedrooms
12
Bathrooms
12
Interior Size
6749
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1968
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Detailed Introduction Of This Home
Get ready to jump on an incredible opportunity in the heart of Culver City! Family owned and managed, first time on the market in 49 years. A short distance from Sony Studios and the vibrant energy of Downtown Culver City! Your future tenants will love the easy access to hot spots like One Culver, Culver Steps, Erewhon, Amazon Studios, NFL Network, Equinox Culver City, and Ivy Station. This prime location ensures high demand and continued appreciation. Offered at a current GRM of 12.24 and cap rate of 5.65% and a pro-forma cap rate of 6.54%. This property offers an outstanding unit mix designed to attract a variety of tenants, including one spacious 3-bedroom/2-bathroom unit, four comfortable 2-bedroom/1.75-bathroom units, one 1-bedroom unit, one large Single unit with a private patio and one large office/storage room which is rented but may be delivered vacant. Tenants benefit from 11 on-site parking places and you'll enjoy supplemental income from the on-site laundry. As an added plus, four of the seven units have undergone extensive and tasteful renovations within the past several years. You will also benefit from a low expense ratio on this well maintained property which includes a high quality double layer roof with a warranty that extends to 2037. With 6,749 SF of living area on a generous 7,495-SF lot and CCR4 zoning, this Culver City gem is truly a long-term investment you won't want to miss. It's an opportunity to secure a high-performing asset in one of the most desirable locations!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (19)
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3826 Prospect Avenue
USD 2,870,000 12 Beds
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