$1,610,000
$1,500,000 7.3%
Est. payment /mo
3,749 SqFt
UPDATED:
Key Details
Sold Price $1,610,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,749 sqft
Price per Sqft $429
MLS Listing ID CL25503743
Sold Date 05/02/25
HOA Y/N No
Year Built 1957
Lot Size 7,144 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
This two-story, 6-unit apartment building is located at the corner of College Avenue and Venice Boulevard in the Clarkdale neighborhood of Culver City. The building has a good mix of units with two units of two bedrooms and one bath, and four units with one bedroom and one bath. Built in 1957 and measuring approximately 3,749 square feet (per the LA County Tax Assessor), the building still has the original floorplan as there have been no additions or modifications since it was built. Each unit is separately metered for gas and power and each unit has its own water heater. Earthquake retrofit work was completed in 2022. There are 12 parking spaces (six spaces with tandem lanes) providing plenty of on-site parking. This is a true bread and butter building with stable tenants paying below market rents. Convenient location near transportation and shopping. Culver City schools and services. Trust sale but court confirmation is not required. Property is being sold in "as-is" condition.
Location
State CA
County Los Angeles
Zoning CCR4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4208021001
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Listed by Daniel John Cavanaugh • Cavanaugh Realtors
Bought with WilliamRuane
Bought with WilliamRuane