Description

Rare investment opportunity! Fourplex with detached garages and accessory rooms located along the western Culver City Redevelopment Corridor, surrounded by Marina del Rey, Playa Vista, Venice and Santa Monica and adjacent a residential single family neighborhood. Major developments completed and in planning along this Washington Boulevard corridor as well as the entire westside. Perfect for an investor or an owner/user. The property has many interior upgrades,is well maintained and fully occupied, and has considerable upside potential. Features include hardwood floors, new bathroom tubs, tiling and fixtures, large rooms and closets, upgraded windows, blinds, lighting and hardware throughout. Rear alley entrance to garages. New roof, fully fenced metal perimeter with gates and push button locks. Garage space available for each unit. New electric service and meters with an extra meter for a laundry room. The buildings are easy to maintain. Separate gas and electric meters for each unit. Culver City schools and Culver City Police . Upside Potential (a) Convert 2 double garages into ADU units with adjacent parking off the alley and separate entries;(b) rent upside in the units; (c) convert the accessory rooms in the rear to laundry rooms; (d) purchase the mirror image fourplex next door and combine lot square footage for future redevelopment value. May make a great exchange upleg for one or both buildings.