4034 Madison AVE Pending

Culver City,CA 90232

$ 2599000

5 Beds

7 Baths

3374 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,374 sqft

Price per Sqft $770

MLS Listing ID 24455753

Bedrooms 5

Year Built 1924

Lot Size 6,756 Sqft

Property Description

Incredible Opportunity in Culver City's Carlson Park! This Gorgeous 1924 Spanish home has been updated, but maintains its original charm with its inlaid ceiling, fireplace, open archway to the formal dining room and open archway to the remodeled kitchen. Just as Amazing is the new duplex built in 2014 behind the detached home. Built above a new 2-car garage and two new 1-car garages, Unit #A has 1bedroom & 1.5 Bathrooms (rents for $2970/month) and Unit #B has 2 bedrooms & 2.5 Bathrooms (rents for $4850/month), all with similar Spanish style to make an incredible triplex in downtown Culver City! Live in the front home and collect about $8000/month in rent! (With 30% down, a 5.25% mortgage is approximately $10,000/month so the rent could cover almost 80% of your mortgage payment). Incredible location surrounded by shops & restaurants in the middle of all the action in downtown Culver City! Amazing Investment Opportunity!

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCR4*

Interior

Heating Wall Furnace

Flooring Wood

Fireplaces Type Living Room

Laundry Inside

Exterior

View Y/N No

View None

Building

Lot Description Front Yard,Landscaped,Yard

Story 2

New Construction No

Schools

School District Culver City Unified

Others

Special Listing Condition Standard

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