4100 Le Bourget ave, Culver City, CA 90232
Active
$1,895,000
5%
6 Units
11 Beds
11 Baths
5,840 Area(sq.ft.)
Lot: 5,451 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 1,380 | $ 1,380 | $ 1,380 |
| Unit 2 | 1 | 2 | 2 | No | $ 1,812 | $ 1,812 | $ 1,812 |
| Unit 3 | 1 | studio | 1 | No | $ 550 | $ 550 | $ 550 |
| Unit 4 | 1 | 2 | 2 | No | $ 1,812 | $ 1,812 | $ 1,812 |
| Unit 5 | 1 | 2 | 2 | No | $ 1,959 | $ 1,959 | $ 1,959 |
| Unit 6 | 1 | 3 | 2 | No | $ 1,720 | $ 1,720 | $ 1,720 |
| 6 | 11 | 11 | $ 9,233 | $ 9,233 | $ 9,233 |
| MLS #: | 25503817 |
| Days On Market: | 284 |
| Listing Date: | February 25, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 324 |
| Price per unit: | $ 315,833 |
| Year Built: | 1971 |
Property Details
This two-story, six-unit apartment building sits at the corner of Culver Blvd. and Le Bourget Ave. directly across Sony Studios in the Carlson Park neighborhood of Culver City. Built in 1971 and measuring approximately 5,840 sq. ft. (per the LA County Tax Assessor). The building offers a well-balanced mix of units: Four 2-bed/2-bath units, One 3-bed/2-bath units, One studio. Each unit is separately metered for gas and power and has its own water heater. The building features spacious layouts with modern amenities. On-site laundry with one washer and one dryer generates approximately $125 per month. Earthquake retrofit work was completed in 2023. With 10 parking spaces (including some tandem spots) and permit street parking, tenants have ample parking options. Ideally located near downtown Culver City, Veteran's Park, Amazon Studios, and the light-rail line. Served by Culver City schools and services. This is a trust sale; court confirmation is not required.Interested in this Listing?
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Income Details
| Vacancy Rate: | 2% |
| Gross Operating Income: | $ 110,058 |
| Total Annual Expense: | $ 51,508 |
| Net Operating Income: | $ 58,550 |
| Gross Annual Income: | $ 112,304 |
| Cap Rate: | 2.9% |
| Gross Rent Multiplier: | 17.80 |
Structure
| Type of Units: | Apts |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | CCC1YY |
| Parking Garage: | Carport |
| Total Parking: | 10 |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | Wall |
Exterior
Detailed Map
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