$2,599,000
For Sale

4034 Madison Avenue

Culver City, CA 90232
3374 sqft | 5 beds | 0.16 acres | #24455753
Listing OfficeKW Advisors
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Type:Multi-Family
Structure:House
Zone:Commercial

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!

  • Interior Details
      • Bedrooms5
  • Property Details
      • Lot DescriptionFrontYard, Landscaped, Yard
      • Stories2
    • Measurements
      • Acres0.1551
      • Square Feet3374
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1924
  • Community and Neighborhood Details
      • School DistrictCulver City Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,599,000
  • Other
      • MLS #24455753

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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