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    5317 Kinston Ave

    Culver City, CA 90230
    • $5,050,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: 20-648188
    UPDATED: 33 min ago
    $5,050,000
    • 24
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,860
      SQFT
    • $512
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:
    Area:

    School Ratings & Info

    Description

    VERY SPECIAL OPPORTUNITY--THREE BUILDINGS ON THREE SEPARATE CONTIGUOUS LOTS. 12 UNITS ALL ARE TWO BEDROOM ONE BATH. SOME UNITS HAVE BEEN UPDATED. VERY LITTLE DEFERRED MAINTENANCE. GREAT LOCATION IN BETWEEN TWO LARGE REGIONAL STRIP MALLS IN A SOUGHT AFTER NEIGHBORHOOD IN THE HEART OF CULVER CITY. UNITS ARE LARGE AND RIPE FOR REMODELING. MANY POSSIBILITIES TO ADD VALUE ARE AVAILABLE IN THIS HARD TO FIND TRIPLE LOT INVESTMENT. LAUNDRY FACILITY CAN ADD TO INCOME STREAM. ADU'S ARE POSSIBLE!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T21:42:27.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/111199452
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    5317 Kinston Ave Culver City, CA 90230

    • Price: $5,050,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20-648188
    24
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,860
    SQFT
    $512
    $/SQFT
    1951
    Built
    Neighborhood:
    Culver City
    County:
    Los Angeles
    Area:
    Culver City
    Property Description
    VERY SPECIAL OPPORTUNITY--THREE BUILDINGS ON THREE SEPARATE CONTIGUOUS LOTS. 12 UNITS ALL ARE TWO BEDROOM ONE BATH. SOME UNITS HAVE BEEN UPDATED. VERY LITTLE DEFERRED MAINTENANCE. GREAT LOCATION IN BETWEEN TWO LARGE REGIONAL STRIP MALLS IN A SOUGHT AFTER NEIGHBORHOOD IN THE HEART OF CULVER CITY. UNITS ARE LARGE AND RIPE FOR REMODELING. MANY POSSIBILITIES TO ADD VALUE ARE AVAILABLE IN THIS HARD TO FIND TRIPLE LOT INVESTMENT. LAUNDRY FACILITY CAN ADD TO INCOME STREAM. ADU'S ARE POSSIBLE!
    Exterior Features

    Covered Parking 12 Cross Streets Jefferson Direction Faces East Exterior Construction Stucco Garage Structures Total 2 Lot Description 2-4 Lots Lot Size Area 16818 Other Structures None Parking Garage Garage - 1 Car Pool Description None Pool YN No Roof Flat Spa None Spa YN No Style Contemporary Total Parking 15 View Description City View YN Yes

    Interior Features

    Baths Total 12.00 Common Walls Detached/No Common Walls Cooking Appliances Cooktop - Electric Cooling Wall Unit(S) Equipment Built-InsGarbage DisposalGas Dryer HookupRange/OvenCentral Vacuum Flooring Mixed Heating Wall Interior Features Drywall WallsCommon Walls Kitchen Features RemodeledStone Counters Laundry None

    Property Features

    Alley YN No Gross Income 265788 Gross Operating Income 265788 Like Units1 3 Like Units2 2 Like Units3 4 Like Units4 2 Like Units5 1 Monthly Gross Income 22149.00 Net Operating Income 161002.00 Number Of Buildings 3 Number Of Units 12 Owner Pays Move In FeeElectricityGasGardener Rent Control YN Yes Sale Type Standard Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 104786 Type Of Units Flat 2 + 1 Water Water District Water Heaters YN Yes Year Built Source Assessor Zoning Ccr4*

    Listing provided courtesy of Mike Hassan DRE#00819901 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T21:42:27.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583