Affectionately known as Hobbit House, this unique 9-Unit apartment campus, featuring story-book architecture was designed and built in the 1940's by Disney Artist, Lawrence Joseph. The property is located in the heart of Culver City, the creative epicenter of Los Angeles boasting the entertainment headquarters of numerous industry leaders.… Read More The Hobbit-like House is a generational asset and an opportunity to buy a piece of Hollywood history. The five story-book structures have shingled roofs and there is parking onsite for a total of 9 cars. Current leases are below market rates, presenting an opportunity for future rent adjustments. The property is being offered as-is via Trust Sale. No Court Confirmation is required. Read Less
Property listed by The Sher Group, Christopher Huddleston 323-304-2455
Listing Snapshot
Days Online
51
Last Updated
Property Type
Other
Beds
10
Square Ft.
10,980
Lot Size
0.25 Acres
Year Built
1922
MLS Number
25501219
30 Days Snapshot Of 90232
$1,882k
+13%
(avg) sold price
2
-77%
homes sold
36
-56%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
ElectricOven
Building
Built in 1922, Building area total: 10,980, Levels: MultiSplit, Living area: 10980, 5 buildings, Construction materials: Stucco
Accessibility Features
Accessibility features: None
Exterior Features
KoiPond, BrickDriveway
Fireplaces
Decorative
Floors
Carpet, Wood
Income
Gross income: $176,757, Net operating income: $90,328
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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