5304 Kinston Avenue 5304 Kinston Avenue Culver City, California 90230 United States
5304 Kinston Avenue Culver City, California 90230 United States
$2,195,000
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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...
- 8
- Bedrooms
- 3,160 Sq Ft.
- Interior
- .2178 Acres
- Exterior
- Residential Income
- Property type
- 1951
- Year Built
- 23281079
- Web Id
- 23281079
- MLS ID
- 318
- days ago
About 5304 Kinston Avenue
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.
Listing Courtesy of Jonathan Amirieh, Jonathan Amirieh, 00899191, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Jonathan Amirieh, Jonathan Amirieh, 00899191, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
- Parking
- Garage
- Style
- Craftsman
PROPERTY INFORMATION
- Cooling
- WallWindowUnits
- Garage Info
- 4
- Parking Description
- Covered
- Sewer
- Other, SewerTapPaid
- Style
- Craftsman
EXTERIOR
- Construction
- Stucco
- Roofing
- Composition
INTERIOR
- Flooring
- Laminate
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Jonathan Amirieh