$1,200,000
$1,149,500
4.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,406 SqFt
SOLD DATE : 08/01/2022
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $498
MLS Listing ID 22-158699
Sold Date 08/01/22
Style Mediterranean
Bedrooms 4
Year Built 1924
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Multi-Family
Property Description
We are proud to present 5826 Ernest Ave. This DUPLEX features two extra large 2 bedroom 1 bathroom apartments and a convenient central location, just a stones throw away from all the best that Culver City Arts District and West Adams has to offer. Not only does this property have amazing proximity to great shopping and restaurants but is also close to the Culver City metro and freeways. One of the two units will be delivered vacant, making this a perfect "owner user" opportunity. Live in one unit and use the rent from the current tenant to offset your mortgage! There is also an amazing value add opportunity by turning the existing 2 car garage (also delivered vacant) into an ADU. According to previous investigations there can be up to 2 ADU's on the property. This would allow you to have 4 units paying rent and increase your cash flow exponentially! (Please do your own due diligence in regards to the building of ADU structures on the property. Broker makes no guarantees). Contact the Listing Agents with any additional questions. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Air Conditioning, Central
Equipment Range/Oven, Refrigerator, Dishwasher, Dryer, Washer
Exterior
Parking Features Garage Is Detached, Driveway
Building
Story 2
Architectural Style Mediterranean
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Nourmand & Associates-HW
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