5304 Kinston Avenue Culver City, CA ^$ 2,195,000

5304 Kinston Avenue

^$ 2,195,000

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5304 Kinston Avenue

Culver City, CA, 90230

^$ 2,195,000

Studio Baths0.0 Sq 3,160

Monthly Estimate*

^$ 15,333

5304 Kinston Avenue, Culver City, CA 90230 - Image 1

5304 Kinston Avenue, Culver City, CA 90230 - Image 2

5304 Kinston Avenue, Culver City, CA 90230 - Image 3

5304 Kinston Avenue, Culver City, CA 90230 - Image 4

5304 Kinston Avenue, Culver City, CA 90230 - Image 5

5304 Kinston Avenue, Culver City, CA 90230 - Image 6

5304 Kinston Avenue, Culver City, CA 90230 - Image 7

5304 Kinston Avenue, Culver City, CA 90230 - Image 8

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Studio

Multi-Family Home for sale in Culver City, CA

for $2,195,000. This 3,160 square foot home was built in 1951 on a lot size of 0.22.

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.

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.22

Year Built

1951

Town/City

Culver City

County/Region

Los Angeles

MLS | Web ID

0023281079

Features

General

Sewer Sewer Paid

Cooling Wall/Window Unit(s)

Roof Composition

Zoning CCR4YY

Architectural Style Craftsman

Construction Materials Stucco

Year Built 1951

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 130708.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction North

Status Active

City Culver City

Buyer Agent Compensation 2.25

Entry Location Ground Level w/steps

Senior Community Y/N No

MLS Area C28 - Culver City

Lot Size Square Feet 9486.0

Street Name Kinston

Virtual Tour https://www.themls.com/properties/vt/CA/Culver-City/5304---Kinston-Ave/Residential-Income/23-281079

Standard Status Active

Buyer Agent Compensation Type %

Interior

Flooring Laminate

Air Conditioning Y/N Yes

Street Suffix Avenue

Laundry Features Community

Total Baths 0

Exterior

Parking Features Covered

Lot Size Area 9486.0

Building Area Total 3160.0

Lot Size Acres 0.22

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Jonathan Amirieh

Listing Agent

Jonathan Amirieh

Broker

Affordability Calculator

$15,333

Per Month

Monthly Principal & Interest: $15,333
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Culver City, CA

Average List Price ^$2,313,617

Percent of Sale Price 5%

About Culver City, CA

40,089 Population

5% Since 2002

^$81,773 Median Income

41.76 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2024	$2,195,000	-8.35%	Price Down
6/17/2023	$2,395,000		Listed Price

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5304 Kinston Avenue, Culver City, CA, 90230 is a Multi-Family Home for sale at $2,195,000 with 3,160 sqft and a lot size of 0.22. 5304 Kinston Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 90230 which is in Culver City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/11/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5304 Kinston Avenue

Multi-Family Home for sale in Culver City, CA

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