Four unit new construction income property in an amazing Culver City adjacent location just minutes from Downtown Culver City and the Cumulus District. 7,453 square feet of modern and luxurious living space with total of 18 bedrooms, 18 bathrooms, 10 parking spaces in a gated lot, plus multiple balconies and private backyard. Non rent-control property. Conveniently located near major transportation hubs but also nestled within a surprisingly quiet residential neighborhood. All 4 units are currently leased by a single long term tenant with gross monthly rent of $21,700 ($260,400 per year) and minimal expenses, providing a current Cap Rate over 6%!
Features
18 bedrooms
18 bathrooms
directions_car10 carspaces
4 open car spaces
7453 sq. ft. floor area
crop_free5889 sq. ft. lot size
cottageOther
Property history for 2533 South Spaulding Avenue
2024
Sold
$3,250,000
06 Aug 2024 by Elizabeth Maddox, of The 2-4 Unit Specialists
2024
Rented
Undisclosed
26 Jul 2024 by MAISONRE
2022
Sold
$890,000
06 Jul 2022 by Fredd Garcia, of HK Mega R.E. & Investment
Happy sellers in Los Angeles
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Local market activity for 18 bedroom other properties in Los Angeles
Sold
For Sale
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