Market LogoProperty listed by Stephen P Ceausu, Broker, Stephen Ceausu 714-305-3709

3272 Fay

Culver City, CA 90232
$1,200,000
Exceptional investment opportunity in the heart of Culver City. This well-maintained fourplex offers strong current income with significant upside potential. The property consists of three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, generating current rents of approximately $6,434 per month, with estimated market rents exceeding $8,400 per month. Two ofRead MoreRead Less
Listing Snapshot
Days Online
65
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1961
MLS Number
PW26152845
Property Location Map
Additional Details
Building
Built in 1961, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Curbs, Sidewalks, Urban
Cooling
EnergyStarQualifiedEquipment
Expenses
Electric: $1,716, Insurance: $1,700, Operating: $6,320, Trash: $840, Water/Sewer: $2,064
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $77,208, Net Operating Income: $70,888
Laundry
None
Lot
0.1111 acres, ZeroToOneUnitAcre
Parking
Assigned, Paved
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4312021020, Lot: 96
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Cameron Samimi
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.