5304 Kinston Avenue, Culver City, CA 90230 (MLS # 23281079)

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PRICE $2,195,000 dsIDX morgage calculator
BEDS 8
BATHS 4
HOME SIZE 3,160 sqft
LOT SIZE 9,488 sqft

Tremendous Value-Add Potential. Huge corner ~10,000 sq ft lot in the prime Culver City area , pride of ownership, with 2 Approved ADU plans (a 3 bedroom and a 2 bedroom units ADUs ), totaling 6 units. Fully occupied 4 units with rents increasing September 1 collecting over $9000/mo. with substantial upside $6000/mo.+ for the 2 new ADUs, totaling $15,000 minimum per month. Plans have been approved in which the income will increase to ~$190,000 annual gross income . Best Culver City school district. On-site owned laundry facility which is highly used by tenants. Four parking garages and ample space for additional parking. Separately metered for gas and electric. Near many amenities and walking distance to Westfield Fox Hills Mall, Starbucks, Target, Ralphs, Pavilions, Party City, Denny's, Petco, Subway, West LA College and more.

DAYS ON MARKET 335 LAST UPDATED 1/17/2024
YEAR BUILT 1951 COMMUNITY Culver City
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jan 17, '24 $2,395,000
Jan 17, '24 - Today $2,195,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA Culver City
BUYER'S BROKERAGE COMPENSATION 2.250 %
CONSTRUCTION Stucco
GARAGE Covered, Yes
LOT 9486 sq ft
PARKING Covered
SEWER Other,Sewer Tap Paid
STORIES 2
STYLE Craftsman
ZONING CCR4YY
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Jonathan Amirieh

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