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Culver City, CA 90230 5304 Kinston Avenue

$2,195,000

5304 Kinston Avenue Culver City, Ca - Image 15304 Kinston Avenue Culver City, Ca - Image 25304 Kinston Avenue Culver City, Ca - Image 3
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5304 Kinston Avenue Culver City, Ca - Image 45304 Kinston Avenue Culver City, Ca - Image 55304 Kinston Avenue Culver City, Ca - Image 65304 Kinston Avenue Culver City, Ca - Image 7
Presented By: Jonathan Amirieh with Jonathan Amirieh;
  • MLS# 23281079
  • 06/15/2023
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  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 3,160
  • GarageGarage • 4

Home Details

Tremendous Value-Add Potential. Huge corner ~10,000 sq ft lot in the prime Culver City area , pride of ownership, with 2 Approved ADU plans (a 3 bedroom and a 2 bedroom units ADUs ), totaling 6 units. Fully occupied 4 units with rents increasing September 1 collecting over $9000/mo. with substantial upside $6000/mo.+ for the 2 new ADUs, totaling $15,000 minimum per month. Plans have been approved in which the income will increase to ~$190,000 annual gross income . Best Culver City school district. On-site owned laundry facility which is highly used by tenants. Four parking garages and ample space for additional parking. Separately metered for gas and electric. Near many amenities and walking distance to Westfield Fox Hills Mall, Starbucks, Target, Ralphs, Pavilions, Party City, Denny's, Petco, Subway, West LA College and more.
Presented By: Jonathan Amirieh with Jonathan Amirieh;

Interior Features for 5304 Kinston Avenue

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories

General for 5304 Kinston Avenue

Additional Parcels Y/NNo
Architectural StyleCraftsman
Attached Garage No
Carport Y/NNo
CityCulver City
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
Days on Market300
DirectionsWEST OF OVERLAND AVE., EAST OF SEPULVEDA BLVD.
Entry LocationGround Level w/steps
Facing DirectionNorth
Garage Spaces4.0
Garage Y/NYes
Gross Income186708.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet9486.0
MLS AreaC28 - Culver City
MobileHomeRemainsYNNo
Net Operating Income130708.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerOther, SewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameKinston
Total Units4
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1951
ZoningCCR4YY

Exterior for 5304 Kinston Avenue

Building Area Total3160.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2178
Lot Size Area9486.0
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCovered
SpaNo
Total Parking4.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,195,000
MLS#23281079
List Date 06/15/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors