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    4073 Madison Ave

    Culver City, CA 90232
    • $1,899,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 21-733360
    UPDATED: 52 min ago
    $1,899,000
    • 3
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $1,055
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    Development Opportunity in A+ Location in Downtown Culver City! One of the few properties near Culver City's Carlson Park neighborhood zoned Medium Density allowing for potential 4-unit Townhome Project. Located on a quiet tree-lined street two blocks from downtown Culver City's shops & restaurants, and near Sony Studios, and the new Apple & Amazon offices, the potential prices for new construction townhomes could be sky high. The current duplex (both units currently vacant) is ready to be rented, with a 3-bedroom home with a finished attic in the front and a 1-bedroom house with an attached sunroom in the back. Amazing long-term investment. Great for an owner-user looking to live in downtown Culver City with an eye for future development potential. Incredible location, near the new Culver Steps, surrounded by amazing restaurants, near the Kirk Douglas theater and Culver City's weekly farmers market.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T21:42:55.883. 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.
    www.markwiseproperties.com/homes/117320147
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    4073 Madison Ave Culver City, CA 90232

    • Price: $1,899,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 21-733360
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,800
    SQFT
    $1,055
    $/SQFT
    1924
    Built
    Neighborhood:
    Culver City
    County:
    Los Angeles
    Area:
    Culver City
    School District:
    Culver City Unified School District
    Property Description
    Development Opportunity in A+ Location in Downtown Culver City! One of the few properties near Culver City's Carlson Park neighborhood zoned Medium Density allowing for potential 4-unit Townhome Project. Located on a quiet tree-lined street two blocks from downtown Culver City's shops & restaurants, and near Sony Studios, and the new Apple & Amazon offices, the potential prices for new construction townhomes could be sky high. The current duplex (both units currently vacant) is ready to be rented, with a 3-bedroom home with a finished attic in the front and a 1-bedroom house with an attached sunroom in the back. Amazing long-term investment. Great for an owner-user looking to live in downtown Culver City with an eye for future development potential. Incredible location, near the new Culver Steps, surrounded by amazing restaurants, near the Kirk Douglas theater and Culver City's weekly farmers market.
    Exterior Features

    Carport Spaces Total 1 Direction Faces East Lot Location City Lot Size Area 6751 Other Structures None Parking Garage CarportGarage - 1 CarDriveway Style Cottage Total Parking 4 View Description None View YN No

    Interior Features

    Baths Total 2.00 Common Walls Detached/No Common Walls Cooling None Den No Dining Room Yes Equipment Range/OvenRefrigeratorDishwasher Family Room Yes Fireplace Rooms Living Room Flooring Hardwood Heating Central Rooms Living RoomDining RoomFamily RoomSun

    Property Features

    Assessed Total Value 96284 Gross Income 84000 Gross Operating Income 84000 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 84000.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Homes Year Built Source Vendor Enhanced Zoning Ccr4*

    Listing provided courtesy of Todd Miller DRE#01389620 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T21:42:55.883. 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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    Mark Wise | Bennion Deville Homes
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    Rancho Mirage CA, 92270