$1,750,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
11323 Utopia Avenue Culver City, CA 90230
4 Beds
3 Baths
7,491 Sqft Lot
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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Bought with San Diego