Sold
4432 S Centinela Avenue
Culver City CA, 90066
$3,600,000
$523.48 per sqft
Sold
6,877 sqft
Multi-family
Built in 2023
Listed by Martin Fish with Citivest Realty Services, Inc 714-553-2001
NEW CONSTRUCTION SILICON BEACH / CULVER CITY FOUR UNIT TOWNHOME COMPLEX W/ PLANS PENDING APPROVAL FOR THREE ADU'S. THREE UNITS LEASED! ONE UNIT BEING HELD FOR TOURS, CAN BE DELIVERED LEASED BY CLOSE OF ESCROW. We are pleased to present this Green Certified new construction four-unit luxury townhome complex. Plans are in process for three ADU'S, that would bring the unit count to seven with a 7.20% cap rate. As general contractors and developers the seller is willing to provide the buyer with budgets and contract to build proposed ADU'S, by a quick and cost- effective conversion of garage space and detached unit. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.
This property, located in the very hot market of Silicon Beach which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs and supporting services providing high-paying and stable jobs.
This luxury complex is comprised of two duplexes, totaling four new construction townhomes, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas as well as an owner's common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.
Please contact us regarding this opportunity or one of the seller's many other similar developments throughout Los Angeles.
PW23034386
MLSⓇ ID
March 1, 2023
Listed
March 23, 2024
Updated
Map
4432 S Centinela Avenue
Culver City CA, 90066
Interior Features
Total Stories
3
Interior Features
Balcony, High Ceilings, Recessed Lighting, Storage
Appliances
Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
Laundry Description
Inside
Floor Description
Laminate
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
ENERGY STAR Qualified Equipment, High Efficiency
Heating
Yes
Heating Description
ENERGY STAR Qualified Equipment, High Efficiency
Exterior/Building Features
Lot Size
0.13 Acres
Exterior Features
Lighting
Lot Features
2-5 Units/Acre, Back Yard, Front Yard
Architectual Style
Modern
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
C28 - Culver City
Days on Market
160
Garage
Yes
Garage Spaces
6
Parking
Covered, Door-Single, Garage, Gated
Parking Total
8
View
Yes
View Description
City Lights
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
9/29/2023 | Price Change | $3,600,000 -2% |
9/29/2023 | Sold | $3,600,000 |
9/22/2023 | Pending | — |
8/21/2023 | Under Contract | — |
5/23/2023 | Price Change | $3,639,000 -1% |
4/27/2023 | Price Change | $3,645,000 -8% |
Listing Contact: 714-553-2001
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:25 AM UTC