$3,625,000
$3,550,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
6,306 SqFt
SOLD DATE : 11/24/2021
Key Details
Sold Price $3,625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,306 sqft
Price per Sqft $574
MLS Listing ID PW21199459
Sold Date 11/24/21
HOA Y/N No
Year Built 2021
Annual Tax Amount $45,893
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
NEW CONSTRUCTION SILICON BEACH FOUR UNIT
We are pleased to offer a new construction, non-rent controlled, fully leased four unit in Culver City. The property, located in Silicon Beach, is home to major employers such as Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, Beats Electronics and many more tech and entertainment companies pouring into the neighborhoods.
All four units leased quickly due to the high demand of quality housing in this market, providing the new owner with gross rents of $229,620. The units are generously sized with an average of 1,500 sf with open floor plans, private laundry, and high-end finishes.
Each unit is equipped with separate meters for water, gas and electricity. Energy efficient building materials, landscape, water reclamation systems, appliances and fixtures present the new owner with a fully warrantied, low maintenance, green certified, environmentally friendly property.
This cash flowing asset is sure to impress even the most discerning investors with such a rare opportunity to acquire a new construction in this exclusive market.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning LAR3
Rooms
Ensuite Laundry WasherHookup, GasDryerHookup, LaundryRoom
Interior
Laundry Location WasherHookup,GasDryerHookup,LaundryRoom
Heating Central
Cooling CentralAir
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry WasherHookup, GasDryerHookup, LaundryRoom
Exterior
Garage Assigned
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Pool None
Community Features Urban
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description RectangularLot, SprinklerSystem, Yard
Sewer PublicSewer
Water Public
New Construction Yes
Others
Senior Community No
Tax ID 4217018015
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Florian Sighe • The Browar Group
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Partner | Lic# DRE# 01065018/02178736