Culver City, CA 90230,11323 Utopia Avenue
Culver City, CA 90230,11323 Utopia Avenue
Culver City, CA 90230,11323 Utopia Avenue
$1,750,000
$1,850,000 5.4%
Est. payment /mo
4 Beds
3 Baths
7,491 Sqft Lot

UPDATED:

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV25044848

Bedrooms 4

Lot Size 7,491 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Investors dream: new construction-like building, low maintenance, high rental demand, and can operate at a 5% CAP rate at pro-forma rents. Front house is 3 beds/2 baths, approx 1956 SF, pro forma rent is $7,000+/month. The 1 bed/1 bath, 588 SqFt, ADU/back-unit has a separate address, private entrance, and private enclosed yard. The back unit is paying $3,150 on a m2m lease. Culver City has great rental returns and high rental demand.
Investors dream: new construction-like building, low maintenance, high rental demand, and can operate at a 5% CAP rate at pro-forma rents. Front house is 3 beds/2 baths, approx 1956 SF, pro forma rent is $7,000+/month. The 1 bed/1 bath, 588 SqFt, ADU/back-unit has a separate address, private entrance, and private enclosed yard. The back unit is paying $3,150 on a m2m lease. Culver City has great rental returns and high rental demand.

Location

State CA

County Los Angeles

Area Culver City (90230)

Zoning Seller

Interior

Cooling Central Forced Air

Building

Story 1

Others

Acceptable Financing Conventional

Listing Terms Conventional


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San Diego Regional MLS (SDMLS)
Listed by Cameron Stearns • Compass
Bought with San Diego
agent

Jason Cassity

Agent | License ID: 01928236

+1(619) 800-6178

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11323 Utopia Avenue