4034 Madison Avenue
Culver City, CA 90232
3374 sqft | 5 beds | 0.16 acres | #24455753
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!
Property Details
- Lot DescriptionFrontYard, Landscaped, Yard
- School DistrictCulver City Unified
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,599,000
- MLS #24455753
- MLS #24455753
- Cost2599000
- Acres0.1551
- Square Feet3374
- Year Built1924
- Bedrooms5
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Todd Miller (#CLW-X59096)
Listing Office: KW Advisors (#CLW-X74717)
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