3827 Tilden Avenue , Culver City, CA - 90232, Culver City CA is for sale :

Call For Appointment to See This Home
Dmitry Litvishkov (310)-709-4920

3827 Tilden Avenue , Culver City, CA - 90232 is For Sale

Details

Price : $4,200,000

Address : 3827 Tilden Avenue

City : Culver City

State : CA

Area : C28 - Culver City

Property Type : Residential Income

Sq M : 1,015 M²

Total Units : 10

CAP rate : $5

Gross Operating Income : $268,825

Net Operating Income : $189,386

MLS# : 24416789

Lot Size (Acres) : 0.2508 ac

Property Description

Culver City Home For Sale. Priced Reduced by $200,0000! Luca is proud to present 3827 Tilden Avenue, a 10-Unit located in the heart of Culver City. Just footsteps away from downtown, Tilden presents an opportunity to purchase a trophy Asset in a trophy location. Culver City is an epicenter of tech and media, housing Amazon Studios, AppleTV, MAX, Sony Studios, and NFL Networks. Culver City offers a vibrant night life, notable restaurant scene, trendy coffee shops, and an abundance of amenities such as Equinox catering to a young demographic of strong income earners. 3827 Tilden is priced attractively at just $450 per square foot and at a 15.15 GRM. While the in-place metrics are attractive, an investor can expect strong rental upside being that Culver City is home to one of the most robust and aggressively priced rental markets in Los Angeles County. This class A location provides for a high upper threshold for market rents. Culver City will garner the attention of an investor looking for both long-term appreciation and strong cash-flow. This is an opportunity to buy into one of Los Angeles' most compelling sub-markets at a great value while having the ability to aggressively re-position an asset for higher yield.

Listed By

Shield Cre, Inc.

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