4270 Elenda St - Multi-Family FOR SALE


Culver City, CA 90230- Park West
$1,999,000 USD
951-888-0887
4270 Elenda St, Culver City, CA for Sale
$1,999,000 USD
Multi-Family - FOR SALE
1/30
null | 3.71% Cap Rate

4270 Elenda St
Culver City, CA 90230
Park West


HIGHLIGHTS

  • Long Term Tenants
  • New Roof, Electric, Plumbing (inc main gas line)
  • New Tankless Water Heaters, HVACs, Dual Pane Windows
  • Open Floorplan with Stainless Steel Appliances

OVERVIEW

Prime Culver City triplex featuring three 1-bedroom, 1-bathroom units with extensive renovations completed between 2017 and 2018, plus additional upgrades in 2021 and 2022. Two units are currently tenant-occupied and one unit will be delivered vacant at close of escrow for immediate rental at current market rates. Property upgrades include new roof on main building and garage (2021/2022), new electrical and plumbing systems including gas line, new tankless water heaters, new central air and heat for each unit, new recessed lighting, new durable faux hardwood flooring, new double-pane windows, and all new appliances (washer/dryer, dishwasher, stove/microwave, refrigerator). Kitchens and bathrooms have been fully renovated with stone countertops, tile backsplashes, and modern cabinetry. Detached 3-car garage includes a new double garage door and new motor for single-car entry. Front and back yards are serviced by an automatic sprinkler system. Excellent location within walking distance to Farragut Elementary, Culver City Middle School, Culver City High School, and Veterans Park. A turn-key investment property with major system upgrades and strong rental potential in one of Culver City’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$1,223 USD /SF

# OF UNITS

3

PRICE/UNIT

$666,333

CAP RATE

3.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

CCR1YY

APN/PARCEL ID

4210-022-003

ASK ABOUT THIS PROPERTY

Baotuan NguyenphuocNP RealtyMore Info
951-888-0887

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Baotuan NguyenphuocNP RealtyMore Info
951-888-0887

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.