NEW CONSTRUCTION SILICON BEACH / CULVER CITY FOUR UNIT TOWNHOME COMPLEX W/ PLANS PENDING APPROVAL FOR THREE ADU’S. THREE UNITS LEASED! ONE UNIT BEING HELD FOR TOURS, CAN BE DELIVERED LEASED BY CLOSE OF ESCROW. We are pleased to present this Green Certified new construction four-unit luxury townhome complex. Plans are in process for three ADU’S, that would bring the unit count to seven with a 7.20% cap rate. As general contractors and developers the seller is willing to provide the buyer with budgets and contract to build proposed ADU’S, by a quick and cost- effective conversion of garage space and detached unit. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.This property, located in the very hot market of Silicon Beach which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs and supporting services providing high-paying and stable jobs.This luxury complex is comprised of two duplexes, totaling four new construction townhomes, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.
|
DAYS ON MARKET
|
211
|
LAST UPDATED
|
9/29/2023
|
|
YEAR BUILT
|
2023
|
COMMUNITY
|
Culver City
|
|
GARAGE SPACES
|
6.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Mar 9, '23
|
$3,940,000
|
|
Mar 9, '23 - Apr 5, '23 |
$3,935,000
|
|
Apr 5, '23 - Apr 26, '23 |
$3,930,000
|
|
Apr 26, '23 - May 23, '23 |
$3,645,000
|
| May 23, '23 - Today |
$3,639,000 |
| AIR |
ENERGY STAR Qualified Equipment, High Efficiency |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Tankless Water Heater |
| AREA |
Culver City |
| CONSTRUCTION |
Cement Siding, Stucco |
| EXTERIOR |
Lighting |
| GARAGE |
Covered, Door-Single, Garage, Gated, Yes |
| HEAT |
ENERGY STAR Qualified Equipment, High Efficiency |
| HOA DUES |
0 |
| INTERIOR |
Balcony, High Ceilings, Recessed Lighting, Storage |
| LOT |
5733 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre, Back Yard, Front Yard |
| PARKING |
Covered,Door-Single,Garage,Gated |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3 |
| STYLE |
Modern |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities,Water Connected, Electric: Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| WATER |
Public |
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Listed with Citivest Realty Services, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/24 7:57 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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