2 Large Units can be delivered Vacant for New Owner or Investor! This newly built triplex is a true best-in-class asset in one of the city's most coveted locations. Situated in the very heart of Culver City, this property is truly irreplaceable. Fully leased at top-of-market rents totaling $17,250 per… Read More month, it offers exceptional income stability. The tenant base consists of well-compensated professionals who prioritize location, amenities, and lifestyle over the commitments of ownership. Every element was thoughtfully curated -- from private entrances for each unit to white oak doors, premium countertops and flooring, designer fixtures, custom closet built-ins, and a full suite of new appliances. The location is unmatched -- walkable to: Culver Steps, Culver Hotel, Amazon Studios, Culver Studios, Erewhon, Trader Joe's, Salt & Straw, Philz Coffee, Platform Shopping District, Vespertine, Culver City Stairs, Helms Bakery District, and more. With State Assembly Bill 8 and other measures further restricting new development, opportunities of this caliber are increasingly scarce. Perfect for a 1031 Exchange, this property also offers flexibility for the discerning buyer who may choose to occupy one of the well-appointed units as a primary residence or pied-a-terre, enjoying the vibrancy of Culver City while collecting income from the additional units. Read Less
Property listed by Berkshire Hathaway HomeServices California Properties, Christopher Newell 310-259-7556
Built in 2024, Living area: 3800.0, 2 buildings, Building faces South, 2 stories, Levels: One, Two, Entry location: Ground Level w/steps, Construction Materials: Stucco
Exterior Features
Patio/Porch Features: FrontPorch
Garage
2 spaces
Heating
Central
Income
Gross Income: $207,000, Net Operating Income: $148,000
Interior Features
OpenFloorplan
Lot
0.1365 acres, Dimensions: 44x135, BackYard
Parking
2 carport spaces, 4 total parking spaces, Carport, DoorMulti, DirectAccess, Driveway, Garage, Gated, Paved, OnStreet, Tandem
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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