Los Angeles, CA 90066,11516 Washington PL
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$2,100,000
Est. payment /mo
5,397 Sqft Lot
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UPDATED:

09/30/2024 06:30 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB24174977

HOA Y/N No

Year Built 1950

Lot Size 5,397 Sqft

Property Description

Prime Investment Opportunity in Vibrant Culver City!

Discover this exceptional 4-plex in a highly sought-after Culver City location! This well-maintained property features four spacious and sunlit two-bedroom, one-bath units, each designed for comfortable living. All units are currently rented, offering immediate income potential. Each unit includes a private garage with laundry hookups, adding convenience and value for tenants.

The property is efficiently managed with separate electric and gas meters for each unit, while a single water meter serves the entire building. This setup ensures streamlined utility management and cost-effectiveness.

Ideally positioned just minutes from the 405 and 10 freeways, this property provides unbeatable access to the beach, trendy downtown Culver City, Westwood, and Downtown LA. Although the address boasts a Los Angeles zip code, it’s situated in Culver City proper, granting residents access to the area's top amenities, including a responsive Fire and Police Department and the highly acclaimed Culver City School District.

Culver City is a hub of creativity and culture, steeped in movie-making history and offering a vibrant dining and nightlife scene. From globally inspired eateries and gastropubs to cozy cocktail bars, there’s something for everyone.

Whether you’re an investor seeking excellent income potential or a homeowner looking for a charming place to call home, this incredible opportunity in Culver City is not to be missed!

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning CCR4YY

Interior

Cooling Whole House Fan, Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4233004015

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by GIOVANNI MORALES • COMPASS • 213-245-0468

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Home Base Realty

Broker | License ID: 93-1513373

+1(562) 581-5096

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11516 Washington PL