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    4107 Wade Street

    Culver City, CA 90066
    • $4,299,999
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: 20670886
    UPDATED: 177 min ago
    $4,299,999
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,988
      SQFT
    • $538
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Investment / Developer opportunity in a 2-story Ten (10) unit apartment building. All units have been upgraded with new flooring, granite kitchen counters, new baths, and windows. This building has rent control and has some major upside in the rents. Do not disturb tenants. The building is subject to State Rent Control AB1482. All tenants are current. Rent Roll is 24k a month with very few expenses. Bldg is 100% occupied.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-22T19:43:38.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/112630230
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    4107 Wade Street Culver City, CA 90066

    • Price: $4,299,999
    • Status: Active
    • Updated: 177 min ago
    • ID#: 20670886
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    7,988
    SQFT
    $538
    $/SQFT
    1953
    Built
    Neighborhood:
    C28 - Culver City
    County:
    Los Angeles
    Area:
    C28 - Culver City
    Property Description
    Investment / Developer opportunity in a 2-story Ten (10) unit apartment building. All units have been upgraded with new flooring, granite kitchen counters, new baths, and windows. This building has rent control and has some major upside in the rents. Do not disturb tenants. The building is subject to State Rent Control AB1482. All tenants are current. Rent Roll is 24k a month with very few expenses. Bldg is 100% occupied.
    Exterior Features

    Carport YN Yes Parking Features Detached Carport Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Refrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Buyer Financing Assumed Gross Income 275000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 259000 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Ccr3a*

    Listing provided courtesy of Riley Schmidt of Riley Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-22T19:43:38.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592