Culver City, CA 90232,3824 KEYSTONE AVE

$3,900,000

$3,995,000

2.4%
Est.Price: ?

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Est. payment /mo

6,669 Sqft Lot


SOLD DATE : 02/18/2022

Key Details

Sold Price $3,900,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22118771

Sold Date 02/18/22

HOA Y/N No

Year Built 1960

Lot Size 6,669 Sqft

Property Description

14.28 GRM and 4.76% Cap Rate!! Located 1 block to Sony Pictures Studio and less than one mile to Downtown Culver City, 3824Keystone is an 8 unit property with on-site parking and laundry. Originally built in 1960, this two-story buildingfeatures (1) 1 Bed+1 Bath + large yard, (2) 2 Bed+1 Bath, (3) 2 Bed+1.5 Bath, (1) 3 Bed/2 Bath and (1) Bachelor / Guestroom. The property features a new sewer line, and 7 parking spaces. Regarded as one of the highest demand rental markets in Los Angeles due to its Central + Western location and proximity to major entertainment and tech employers, this prime asset is well positioned to be a terrific source of cash-flow and accelerated appreciation. There is the ability to achieve a 5.87% cap rate by adding an ADU in the front carport - plans have been submitted to the city for both this ADU + seismic retrofit - to be Buyer's responsibility.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning LAR3

Interior

Fireplace No

Exterior

Total Parking Spaces 7

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4208008010

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Elijah Korobkin Central Realty Advisors Inc
Bought with Kia Hamadani Hamadani Realty
The Warburton Team Brokered By EXp

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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