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9051 Lucerne Ave
Culver City, CA 90232
$2,199,999
6
Bedrooms
5/1
Bathrooms
3,175
ft²
0.14
ac
Features
Waterfront | Garage |
Description
This is an amazing opportunity to acquire an income producing 2 Single Family Residences and 1 ADU. In the heart of Culver City. Two of the three units are near completion. The third and back unit (SFR) will need to be constructed. The plans are RTI now. The cap rate of the finished product will be between 5.19-6. The architectural/structural plans and cash flow analysis are available upon request. Unit 1: 2 bed, 2 bath, approximately 1,153 sq ft. Unit 2: 1 bed, 1 bath, approximately 586 sq ft. Unit 3: 3 beds, 2.5 baths with attached 2 car garage and 2 carports, approximately 1,439 sq ft (to be constructed). The new owners can capitalize on the high rental demand for the area. The tenants can enjoy the property's location as it's within walking
MAP
Summary
Culver City, CA 90232 is a Multi Unit for sale and has 6 bedrooms, 5 full bathrooms and was built in 1923. This Multi Unit is listed on the Christie's International Real Estate website and it boasts 3,175 ft² (295 m²) of interior space on a lot of 0.14 ac (552.40 m²). See all homes for sale in Culver City, CA.