Los Angeles, CA 90066,11516 Washington Place
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$ 2,100,000
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11516 Washington Place Los Angeles, CA 90066

8 Beds

4 Baths

5,396 Sqft Lot


UPDATED:

08/30/2024 11:31 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB24174977

Bedrooms 8

HOA Y/N No

Lot Size 5,396 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, its 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, theres something for everyone. Whether youre 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!
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, its 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, theres something for everyone. Whether youre 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 Los Angeles (90066)

Zoning Assessor

Interior

Cooling Attic Fan, Wall/Window

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $335

Acceptable Financing Cash, Conventional

Space Rent $1,932

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by GIOVANNI MORALES • COMPASS
agent

Denise Gomez

+1(619) 494-9768

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11516 Washington Place