10022 Culver Blvd Culver City, CA 90232
Sale
$5,995,000
10 Units
12 Beds
11 Baths
6,992 Area(sq.ft.)
7,637 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 7 | 1 | 1 | No | $ 3,247 | $ 22,729 | $ 22,729 |
Unit 2 | 1 | 1 | 1 | No | $ 2,775 | $ 2,775 | $ 2,775 |
Unit 3 | 1 | 2 | 2 | No | $ 3,750 | $ 3,750 | $ 3,750 |
Unit 4 | 1 | 2 | 1 | No | $ 3,210 | $ 3,210 | $ 3,210 |
4 | 10 | 12 | 11 | $ 32,464 | $ 168,838 | $ 168,838 |
MLS #: | 23-310157 |
Days On Market: | 212 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 857 |
Price per unit: | $ 599,500 |
Year Built: | 1953 |
Property Details
The Culver, located across the street from Sony Studios in downtown Culver City, is a best in-class, 10-unit apartment building that has been fully renovated inside and out to meet the unique demands of the submarket. New investors can benefit from a true pride-of ownership, luxury asset in one of the hottest employment, entertainment and cultural hubs in Southern California. The property consists of 8 units plus two legal and permitted ADUs. Attractive assumable loan with 3.23% interest rate locked through March 2026.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Gross Operating Income: | $ 377,846 |
Total Annual Expense: | $ 117,080 |
Net Operating Income: | $ 260,766 |
Gross Annual Income: | $ 389,532 |
Cap Rate: | 4.35% |
Gross Rent Multiplier: | 15.39 |
Structure
Type of Units: | Apartments |
Buildings: | 1 |
Levels: | Two |
Land & Parking
Zoning: | CCC3YY |
Parking Garage: | Assigned |
Interior
AC/Cooling: | Air Conditioning |
Equipment: | Dishwasher, Dryer, Washer, Refrigerator, Range/Oven |
Heating: | None |
Laundry: | In Unit |
Exterior
Detailed Map
Schools
Find a great school for your child