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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,362 sqft
Price per Sqft $508
MLS Listing ID PW-26152845
Sold Date 09/17/26
Year Built 1961
Lot Size 4,840 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional investment opportunity in the heart of Culver City. This well-maintained fourplex offers strong current income with significant upside potential. The property consists of three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, generating current rents of approximately $6,434 per month, with estimated market rents exceeding $8,400 per month.
Two of the lower units have been extensively remodeled within the last two years and feature newer windows, providing immediate value and reduced maintenance costs. The property is occupied by stable, long-term tenants, creating reliable cash flow while allowing investors to capture future rental upside.
Parking is a major advantage, with five dedicated parking spaces located at the rear of the property and the potential to create two additional parking spaces in the front. Additionally, the City has indicated that an ADU may be possible, offering investors another opportunity to increase income and maximize the property's potential.
Whether you are looking to expand your portfolio, execute a value-add strategy, or secure a long-term asset in a desirable rental market, this fourplex presents a rare combination of stable income, rental growth potential, and future development opportunities.
Location
State CA
County Los Angeles
Area C28 - Culver City
Interior
Laundry None
Exterior
Parking Features Paved, Assigned
Pool None
Community Features Curbs, Sidewalks, Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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Naghmeh Keyvani
Broker Associate License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823




