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5304 Kinston Avenue

Culver City CA 90230

8
4
4
3160 sq. ft.
9486 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
3160 sq. ft. floor area
9486 sq. ft. lot size
Other

Property history for 5304 Kinston Avenue

2022
Sold
$1,650,000
22 Jul 2022 by Mike Hassan, of Coldwell Banker Realty
2022
Sold
Undisclosed
22 Jul 2022 by Mike Hassanpour

Happy sellers in Culver City

<50%
Less than 50% of sellers in Culver City reported that their sale price either exceeded or met their price expectations.

Culver City stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Culver City over the last 12 months.

Local market activity for 8 bedroom other properties in Culver City

In the last 12 months, 3 eight-bedroom other properties similar to 5304 Kinston Avenue, have been sold.

This represents a 200% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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