13001 Washington blvd, Culver City, CA 90066
Active
$1,950,000
4 Units
6 Beds
4 Baths
2,947 Area(sq.ft.)
Lot: 4,173 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,048 | $ 2,048 | $ 2,800 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,048 | $ 2,048 | $ 2,800 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,575 | $ 1,575 | $ 2,200 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,680 | $ 1,706 | $ 2,200 |
| 4 | 6 | 4 | $ 7,350 | $ 7,376 | $ 10,000 |
| MLS #: | 25548965 |
| Days On Market: | 245 |
| Listing Date: | June 5, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 662 |
| Price per unit: | $ 487,500 |
| Year Built: | 1954 |
Property Details
Rare investment opportunity. Fourplex with detached garages and accessory rooms located along the western Culver City redevelopment corridor bordered by Marina del Rey, Playa Vista, Venice and Santa Monica. Major developmnets completed and in planning along this Washington Blvd corridor. Perfect for owner/user, hold for future development. The property has any interior upgrades, is well maintained and fully occupied, with room for rent adjustments. Hardwood floors, new bathroom tubs and tiling, large rooms and closets, new windows, blinds and hardware. Easy to maintain. New roof. Fully fenced metal with gates and push button locks. Garage space available fore each unit. Separate gas and electric meters for each unit. Culver City schools and Culver City Police. Upside potential: (a) Convert two double garages to ADU units with adjacent parking off the alley and separate entries. (b) rent upside in the units; (c ) convert the accessory rooms in the rear to laundry rooms. Purchase the fourplex next door and combine for future development value. Great exchange upleg for one or both buildings. Note that the building next door is also for sale.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 88,515 |
| Total Annual Expense: | $ 16,738 |
| Net Operating Income: | $ 71,777 |
| Gross Annual Income: | $ 88,515 |
| Cap Rate: | 3.7% |
| Gross Rent Multiplier: | 22.00 |
| Actual Gross Rent: | $ 88,515 |
| Actual Gross Income: | $ 88,515 |
| Actual Rent Total: | $ 88,515 |
Structure
| Type of Units: | Apartment |
| Buildings: | 2 |
| Levels: | Two |
| Security Features: | Card/Code Access, Exterior Security Lights, Fire Rated Drywall, Gated, Smoke Detector |
| Style: | Contemporary |
| Sewer: | In Connected and Paid |
| View Description: | None |
| Water: | Meter on Property |
Land & Parking
| Zoning: | CCC3YY |
| Parking Garage: | Garage - 4+ Car, Garage Is Detached, Gated |
Interior
| Cooking Appliances: | Gas/Electric Range |
| AC/Cooling: | Ceiling Fan |
| Equipment: | Ceiling Fan, Garbage Disposal |
| Heating: | Natural Gas, Wall |
| Fireplace Rooms: | None |
| Kitchen Features: | Granite Counters, Quartz Counters, Remodeled |
| Laundry: | None |
| Patio Features: | None |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Asphalt |
| Spa: | No |
Detailed Map
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